Investment Properties for Sale in Ridgecrest, CA
Fix & Flip
Listed for sale 1 day ago
$ 209,000
ROI
26.1
Cash Flow/m
369- 3 Bed
- 2 Bath
- 1500 sft
622 E California Ave, Ridgecrest, CA, 93555
Listed for sale 1 day ago
$ 185,000
ROI
21.5Cash Flow/m
89- 3 Bed
- 3 Bath
- 1364 sft
545 Sydnor Ave, Ridgecrest, CA, 93555
Listed for sale 1 day ago
$ 385,000
ROI
21.9Cash Flow/m
231- 4 Bed
- 2 Bath
- 1706 sft
332 Abigail St, Ridgecrest, CA, 93555
Listed for sale 2 days ago
$ 235,000
ROI
21.0Cash Flow/m
85- 3 Bed
- 2 Bath
- 2015 sft
1021 N Norma 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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