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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Ridgecrest, CA
Listed for sale 1 day ago
$ 345,000
ROI
23.5
Cash Flow/m
357- 4 Bed
- 2 Bath
- 1882 sft
1117 Porter St, Ridgecrest, CA, 93555
Listed for sale 1 day ago
$ 330,000
ROI
20.4Cash Flow/m
60- 3 Bed
- 2 Bath
- 1999 sft
539 Garis Ave, Ridgecrest, CA, 93555
Currently Rented
Listed for sale 1 day ago
$ 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
Why Invest in Ridgecrest, California?
Investing in single-family homes in Ridgecrest, CA offers strong potential for rental growth and a favorable market for cash flow. With an average rental yield of 7% and stable appreciation trends, this city provides a lucrative opportunity for investors looking for long-term gains. As 60% of the housing is renter-occupied, you can expect consistent demand in this vibrant community.
8.5%
Avg. ROI
7%
Rental Yield
6.5%
Cap Rate
$400/mo
Avg. Cash Flow
$1300/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rent for a single-family home in Ridgecrest, CA is around $1,300. This figure has shown stability, making it an attractive option for investors.
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