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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Salinas, CA
Rental Income
$ 339,000
ROI
20.5
Cash Flow/m
73- 2 Bed
- 1 Bath
- 946 sft
158 Kern Street #12, Salinas, CA, 93905
$ 399,000
ROI
21.1Cash Flow/m
148- 2 Bed
- 2 Bath
- 932 sft
2402 N Main St Unit A, Salinas, CA, 93906
$ 495,000
ROI
20.9Cash Flow/m
155- 2 Bed
- 2 Bath
- 1150 sft
2446 N Main St Unit G, Salinas, CA, 93906
Rental Income
$ 424,900
ROI
22.3Cash Flow/m
300- 2 Bed
- 2 Bath
- 870 sft
100 W Rossi St Unit 2, 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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