Condo Investment Properties for Sale in Salinas, CA

Property at 182 Kern St Unit 43, Salinas, CA
Listed for sale 3 days ago
$ 389,500
ROI
20.5ROI percentage
Cash Flow/m
Dollar sign83
  • 2 Bed
  • 2 Bath
  • 1073 sft
182 Kern St Unit 43, Salinas, CA, 93905
Property at 30 W San Joaquin St Unit 3, Salinas, CA
$ 439,000
ROI
20.4ROI percentage
Cash Flow/m
Dollar sign82
  • 2 Bed
  • 1 Bath
  • 1000 sft
30 W San Joaquin St Unit 3, Salinas, CA, 93901
Property at 106 W Rossi St Unit 11, Salinas, CA
$ 329,999
ROI
20.9ROI percentage
Cash Flow/m
Dollar sign105
  • 1 Bed
  • 2 Bath
  • 870 sft
106 W Rossi St Unit 11, Salinas, CA, 93901
Property at 104 W Rossi St Unit 7, Salinas, CA
$ 359,000
ROI
26.9ROI percentage
Cash Flow/m
Dollar sign713
  • 1 Bed
  • 2 Bath
  • 805 sft
104 W Rossi St Unit 7, Salinas, CA, 93901

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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