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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Penngrove, CA
$ 170,000
ROI
25.8
Cash Flow/m
283- 2 Bed
- 1 Bath
- 576 sft
6070 Old Redwood Hwy SPACE 38, Penngrove, CA, 94951
$ 325,000
ROI
32.7Cash Flow/m
1174- - Bed
- - Bath
- - sft
6048 Hyland Way, Penngrove, CA, 94951
$ 250,000
ROI
41.8Cash Flow/m
1530- - Bed
- - Bath
- - sft
6057 Hyland Way, Penngrove, CA, 94951
$ 399,000
ROI
29.0Cash Flow/m
1029- - Bed
- - Bath
- - sft
1952 Alice Dr, Penngrove, CA, 94951
Why Invest in Penngrove, California?
Investing in properties under $500k in California offers unique opportunities for savvy investors. With rising rental yields and a potential for appreciation, Penngrove is becoming an attractive location for residential properties. The area boasts a strong rental market, with an increasing number of renters showing interest in affordable housing options.
8%
Avg. ROI
6%
Rental Yield
5%
Cap Rate
$300/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for properties in Penngrove is approximately $1,800, making it a competitive market for investors targeting rental properties.
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