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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Ridgecrest, CA
Listed for sale 1 day ago
$ 255,000
ROI
29.4
Cash Flow/m
683- 3 Bed
- 2 Bath
- 1616 sft
1225 W Mariposa Ave, Ridgecrest, CA, 93555
Listed for sale 2 days ago
$ 349,900
ROI
21.0Cash Flow/m
125- 4 Bed
- 2 Bath
- 1919 sft
964 Roosevelt St, Ridgecrest, CA, 93555
Listed for sale 6 days ago
$ 149,900
ROI
32.4Cash Flow/m
526- 2 Bed
- 1 Bath
- 864 sft
428 N Norma St, Ridgecrest, CA, 93555
Listed for sale 6 days ago
$ 319,000
ROI
25.6Cash Flow/m
515- 3 Bed
- 2 Bath
- 1791 sft
603 Kevin Ct, Ridgecrest, CA, 93555
Why Invest in Ridgecrest, California?
Investing in Ridgecrest, CA offers attractive opportunities in the multifamily housing market. With an average cash flow of $500 per month and a rental yield of 9%, the potential for solid returns is evident. The city benefits from rising rental demands and an appreciation rate of 5%, making it a wise choice for astute investors.
12%
Avg. ROI
9%
Rental Yield
7%
Cap Rate
$500/mo
Avg. Cash Flow
$1400/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rent for a property in Ridgecrest is approximately $1,400 per month, reflecting the city's growing rental demand.
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