Under $500K Investment Properties for Sale in Ridgecrest, CA
Listed for sale today
$ 215,000
ROI
31.3
Cash Flow/m
688- 3 Bed
- 2 Bath
- 1538 sft
419 Jean Ave, Ridgecrest, CA, 93555
Fix & Flip
Listed for sale 1 day ago
$ 209,000
ROI
26.1Cash Flow/m
369- 3 Bed
- 2 Bath
- 1500 sft
622 E California Ave, Ridgecrest, CA, 93555
Listed for sale 1 day ago
$ 185,000
ROI
21.5Cash Flow/m
89- 3 Bed
- 3 Bath
- 1364 sft
545 Sydnor Ave, Ridgecrest, CA, 93555
Listed for sale 1 day ago
$ 385,000
ROI
21.9Cash Flow/m
231- 4 Bed
- 2 Bath
- 1706 sft
332 Abigail St, 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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