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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 today
$ 179,999
ROI
39.3
Cash Flow/m
980- 4 Bed
- 2 Bath
- 1805 sft
252 N Florence St, Ridgecrest, CA, 93555
Listed for sale 2 days ago
$ 199,000
ROI
29.4Cash Flow/m
533- 3 Bed
- 1 Bath
- 1008 sft
224 N Sanders St, Ridgecrest, CA, 93555
Currently Rented
Listed for sale 2 days ago
$ 129,900
ROI
31.8Cash Flow/m
436- - Bed
- 2 Bath
- 800 sft
239 Station Ave, Ridgecrest, CA, 93555
Currently Rented
Listed for sale 6 days ago
$ 199,000
ROI
28.3Cash Flow/m
471- 3 Bed
- 1 Bath
- 936 sft
1420 W Coronado 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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