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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
$ 345,000
ROI
23.5
Cash Flow/m
357- 4 Bed
- 2 Bath
- 1882 sft
1117 Porter St, Ridgecrest, CA, 93555
Listed for sale 1 day ago
$ 330,000
ROI
20.4Cash Flow/m
60- 3 Bed
- 2 Bath
- 1999 sft
539 Garis Ave, Ridgecrest, CA, 93555
Currently Rented
Listed for sale 1 day ago
$ 340,000
ROI
23.9Cash Flow/m
388- 4 Bed
- 3 Bath
- 2292 sft
539 W Wasp Ave, Ridgecrest, CA, 93555
Listed for sale 2 days ago
$ 229,000
ROI
29.1Cash Flow/m
593- 3 Bed
- 2 Bath
- 1288 sft
600 E California 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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