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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Porterville, CA
$ 335,000
ROI
21.4
Cash Flow/m
156- 4 Bed
- 2 Bath
- 1732 sft
371 N Westside Street, Porterville, CA, 93257
Currently Rented
Rental Income
$ 397,000
ROI
27.3Cash Flow/m
828- 7 Bed
- 4 Bath
- 1092 sft
831 Forrester Court, Porterville, CA, 93257
$ 369,000
ROI
28.5Cash Flow/m
896- 6 Bed
- 4 Bath
- 2184 sft
823 Forrester Court, Porterville, CA, 93257
Rental Income
$ 349,950
ROI
26.5Cash Flow/m
652- 7 Bed
- 4 Bath
- 2634 sft
844 E River Avenue, Porterville, CA, 93257
Why Invest in Porterville, California?
Investing in multi-family properties in Porterville, CA offers attractive opportunities for investors looking for rental yields and cash flow benefits. The city boasts a growing rental market with an average rental yield of 7% and an appreciation rate of 5% over the past few years. With a diverse economy and increasing demand for housing, this market is ripe for investment.
10%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rent for multi-family properties in Porterville is approximately $1,200 per month, with increasing demand due to the city's growing population.
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