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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 today
$ 330,000
ROI
20.4
Cash Flow/m
60- 3 Bed
- 2 Bath
- 1999 sft
539 Garis Ave, Ridgecrest, CA, 93555
Currently Rented
Listed for sale today
$ 340,000
ROI
23.9Cash Flow/m
388- 4 Bed
- 3 Bath
- 2292 sft
539 W Wasp Ave, Ridgecrest, CA, 93555
Listed for sale 2 days ago
$ 229,000
ROI
29.1Cash Flow/m
593- 3 Bed
- 2 Bath
- 1288 sft
600 E California Ave, Ridgecrest, CA, 93555
Listed for sale 3 days ago
$ 242,000
ROI
27.0Cash Flow/m
489- 3 Bed
- 2 Bath
- 1170 sft
1009 S Farragut St, 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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