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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Salinas, CA
Listed for sale 4 days ago
$ 249,900
ROI
22.0
Cash Flow/m
157- 2 Bed
- 1 Bath
- 960 sft
150 Sherwood Dr Space 64, Salinas, CA, 93901
$ 166,000
ROI
26.3Cash Flow/m
302- 2 Bed
- 2 Bath
- 1440 sft
55 San Juan Grade Rd Space 11, Salinas, CA, 93906
Currently Rented
$ 220,000
ROI
22.3Cash Flow/m
157- 3 Bed
- 2 Bath
- 1568 sft
55 San Juan Grade Rd Space 97, Salinas, CA, 93906
$ 275,000
ROI
23.0Cash Flow/m
252- 2 Bed
- 2 Bath
- 840 sft
(Undisclosed Address), Salinas, CA, 93907
Why Invest in Salinas, California?
Investing in properties under $300k in Salinas, CA offers a unique opportunity for those looking to enter the real estate market. With attractive metrics such as a rental yield of 7% and an average cap rate of 6.5%, this area is seeing steady growth. Furthermore, the average cash flow for investors here is favorable, making it an ideal choice for property investment.
12%
Avg. ROI
7%
Rental Yield
6.5%
Cap Rate
$200/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
Salinas offers affordable property prices combined with attractive rental yields and steady population growth, making it a great option for investors. The local economy is robust, providing a solid foundation for long-term investment.
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