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

$ 359,000
ROI
20.4
Cash Flow/m
62- 1 Bed
- 1 Bath
- 820 sft
2400 N Main St Unit F, Salinas, CA, 93906

$ 385,000
ROI
20.2
Cash Flow/m
45- 2 Bed
- 2 Bath
- 1073 sft
166 Kern St Unit 26, Salinas, CA, 93905

$ 349,900
ROI
23.6
Cash Flow/m
377- 2 Bed
- 2 Bath
- 1073 sft
182 Kern St Unit 45, Salinas, CA, 93905

$ 335,000
ROI
22.9
Cash Flow/m
292- 1 Bed
- 2 Bath
- 805 sft
104 W Rossi St #13, 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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