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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Ridgecrest, CA
Listed for sale 4 days ago
$ 199,900
ROI
27.5
Cash Flow/m
431- 3 Bed
- 1 Bath
- 988 sft
936 W Saint George Ave, Ridgecrest, CA, 93555
Listed for sale 5 days ago
$ 179,000
ROI
23.0Cash Flow/m
163- 2 Bed
- 1 Bath
- 720 sft
241 N Alvord St, Ridgecrest, CA, 93555
Listed for sale 5 days ago
$ 195,000
ROI
21.6Cash Flow/m
101- 3 Bed
- 3 Bath
- 1305 sft
161 E Upjohn Ave, Ridgecrest, CA, 93555
$ 179,000
ROI
25.7Cash Flow/m
297- 3 Bed
- 2 Bath
- 1242 sft
912 E Church Ave, Ridgecrest, CA, 93555
Why Invest in Ridgecrest, California?
Investing in Ridgecrest, CA, offers unique opportunities, especially for properties under $200k. The region has shown a steady rental yield of around 6%, providing attractive cash flow for investors. With an average cap rate of 8%, this area is gaining interest due to its affordability and stable tenant demand.
10%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rent in Ridgecrest is approximately $1,200, which is quite reasonable for many investors looking for rental properties.
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