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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
$ 264,000
ROI
23.8
Cash Flow/m
299- 3 Bed
- 2 Bath
- 1446 sft
425 S Lincoln St, Ridgecrest, CA, 93555
Listed for sale 2 days ago
$ 245,000
ROI
26.8Cash Flow/m
482- 3 Bed
- 2 Bath
- 1502 sft
416 Fountain St, Ridgecrest, CA, 93555
Listed for sale 3 days ago
$ 255,000
ROI
29.4Cash Flow/m
683- 3 Bed
- 2 Bath
- 1616 sft
1225 W Mariposa Ave, Ridgecrest, CA, 93555
$ 149,900
ROI
32.4Cash Flow/m
526- 2 Bed
- 1 Bath
- 864 sft
428 N Norma 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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