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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 1 day ago
$ 109,500
ROI
26.1
Cash Flow/m
195- 3 Bed
- 2 Bath
- 850 sft
1305 W Benson Ave, Ridgecrest, CA, 93555
Listed for sale 1 day ago
$ 265,000
ROI
25.3Cash Flow/m
408- 3 Bed
- 2 Bath
- 1455 sft
131 Chambers St, Ridgecrest, CA, 93555
Listed for sale 1 day ago
$ 242,900
ROI
25.1Cash Flow/m
365- 3 Bed
- 2 Bath
- 1040 sft
1017 W Benson Ave, Ridgecrest, CA, 93555
Listed for sale 5 days ago
$ 240,000
ROI
26.2Cash Flow/m
428- 3 Bed
- 2 Bath
- 1526 sft
1310 S Mahan 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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