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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 1 day ago
$ 165,000
ROI
27.4
Cash Flow/m
350- 3 Bed
- 1 Bath
- 1002 sft
424 N Warner St, Ridgecrest, CA, 93555
$ 149,900
ROI
32.4Cash Flow/m
526- 2 Bed
- 1 Bath
- 864 sft
428 N Norma St, Ridgecrest, CA, 93555
Fix & Flip
Rental Income
$ 179,999
ROI
22.4Cash Flow/m
132- 4 Bed
- 2 Bath
- 4568 sft
321 S Richmond Rd, Ridgecrest, CA, 93555
Fix & Flip
Motivated Seller
$ 152,100
ROI
24.5Cash Flow/m
199- 1 Bed
- 1 Bath
- 1032 sft
324 W Ridgecrest Blvd, 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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