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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K 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 3 days ago
$ 450,000
ROI
22.5Cash Flow/m
349- 5 Bed
- 3 Bath
- 2437 sft
705 Sonja Ave, Ridgecrest, CA, 93555
Why Invest in Ridgecrest, California?
Investing in Ridgecrest, CA, offers opportunities for properties under $500k with a growing rental market. The average cash flow is stable, coupled with a decent appreciation rate, making it appealing for new investors. With a rental yield of around 7%, Ridgecrest presents an attractive option for those seeking affordable investments in California.
12%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$350/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in Ridgecrest is approximately $1,500 per month, making it an affordable option for families and individuals.
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