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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Ridgecrest, CA
Listed for sale 2 days ago
$ 229,000
ROI
29.1
Cash Flow/m
593- 3 Bed
- 2 Bath
- 1288 sft
600 E California Ave, Ridgecrest, CA, 93555
Listed for sale 3 days ago
$ 242,000
ROI
27.0Cash Flow/m
489- 3 Bed
- 2 Bath
- 1170 sft
1009 S Farragut St, Ridgecrest, CA, 93555
Listed for sale 3 days ago
$ 269,900
ROI
29.0Cash Flow/m
693- 4 Bed
- 2 Bath
- 1935 sft
132 S Holly Canyon Dr, Ridgecrest, CA, 93555
Listed for sale 4 days ago
$ 249,900
ROI
28.9Cash Flow/m
638- 3 Bed
- 2 Bath
- 1590 sft
600 S Appaloosa St, Ridgecrest, CA, 93555
Why Invest in Ridgecrest, California?
Investing in Ridgecrest, CA offers unique opportunities for properties under $300k. With a strong rental demand, investors can benefit from an average cash flow that is appealing to both seasoned and new investors. The area is known for its stable appreciation rates and competitive rental yields, making it an attractive market for real estate investment.
8.5%
Avg. ROI
9.2%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rent for properties in Ridgecrest is around $1,200 per month, which offers a promising rental yield for investors.
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