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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
Fix & Flip
$ 130,000
ROI
26.2
Cash Flow/m
233- 2 Bed
- 1 Bath
- 800 sft
1320 S Jacks Ranch Rd, Ridgecrest, CA, 93555
$ 155,000
ROI
25.9Cash Flow/m
266- 3 Bed
- 1 Bath
- 960 sft
424 N Alvord St, Ridgecrest, CA, 93555
$ 168,000
ROI
24.7Cash Flow/m
231- 2 Bed
- 2 Bath
- 1152 sft
1211 S Lamb Rd, Ridgecrest, CA, 93555
$ 169,000
ROI
30.8Cash Flow/m
521- 3 Bed
- 2 Bath
- 964 sft
401 W Haloid 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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