Condo Investment Properties in Salinas, CA | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Condo Investment Properties for Sale in Salinas, CA

Property at 345 Coleridge Dr Unit 70, Salinas, CA
$ 579,000
ROI
24.4ROI percentage
Cash Flow/m
Dollar sign688
  • 3 Bed
  • 2 Bath
  • 1536 sft
345 Coleridge Dr Unit 70, Salinas, CA, 93901
Property at 2442 N Main St Unit A, Salinas, CA
$ 440,000
ROI
21.6ROI percentage
Cash Flow/m
Dollar sign229
  • 2 Bed
  • 2 Bath
  • 1150 sft
2442 N Main St Unit A, Salinas, CA, 93906
Property at 1797 Cherokee Dr Unit 4, Salinas, CA
$ 425,000
ROI
25.7ROI percentage
Cash Flow/m
Dollar sign707
  • 3 Bed
  • 2 Bath
  • 986 sft
1797 Cherokee Dr Unit 4, Salinas, CA, 93906
Property at 182 Kern St Unit 45, Salinas, CA
$ 349,900
ROI
23.0ROI percentage
Cash Flow/m
Dollar sign320
  • 2 Bed
  • 2 Bath
  • 1073 sft
182 Kern St Unit 45, Salinas, CA, 93905

Why Invest in Salinas, California?

Investing in Salinas, CA, particularly in condos, can be a wise decision with a strong rental yield, making it an attractive location for investors. The area has seen steady appreciation rates and a high percentage of renter-occupied properties, ensuring a healthy market for condominium investments.

7.5%
Avg. ROI
6.2%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$2500/mo
Avg. Rent
4.5%
1Y Appreciation

Frequently Asked Questions

The average rental price for condos in Salinas is around $2,500 per month. This reflects a growing demand for rental properties in the area.

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