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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
$ 419,000
ROI
20.9
Cash Flow/m
133- 4 Bed
- 2 Bath
- 2007 sft
850 N Harriet St, Ridgecrest, CA, 93555
Listed for sale today
$ 274,900
ROI
27.9Cash Flow/m
625- 4 Bed
- 2 Bath
- 1511 sft
500 Cottonwood Dr, Ridgecrest, CA, 93555
Listed for sale today
$ 299,900
ROI
23.8Cash Flow/m
336- 4 Bed
- 2 Bath
- 1755 sft
313 W Church Ave, Ridgecrest, CA, 93555
Listed for sale today
$ 240,000
ROI
28.1Cash Flow/m
555- 3 Bed
- 2 Bath
- 1688 sft
1111 Lamb Rd, 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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