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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
$ 109,500
ROI
26.1
Cash Flow/m
195- 3 Bed
- 2 Bath
- 850 sft
1305 W Benson Ave, Ridgecrest, CA, 93555
Listed for sale today
$ 265,000
ROI
25.3Cash Flow/m
408- 3 Bed
- 2 Bath
- 1455 sft
131 Chambers St, Ridgecrest, CA, 93555
Listed for sale today
$ 242,900
ROI
25.1Cash Flow/m
365- 3 Bed
- 2 Bath
- 1040 sft
1017 W Benson Ave, Ridgecrest, CA, 93555
Listed for sale 2 days ago
$ 450,000
ROI
22.5Cash Flow/m
349- 5 Bed
- 3 Bath
- 2437 sft
705 Sonja Ave, 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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