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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
$ 238,000
ROI
35.5
Cash Flow/m
1043- 1 Bed
- 2 Bath
- 1440 sft
150 Kern St, Salinas, CA, 93905
$ 238,000
ROI
23.0Cash Flow/m
214- 1 Bed
- 2 Bath
- 1440 sft
150 Kern St Spc 92, Salinas, CA, 93905
$ 265,000
ROI
21.5Cash Flow/m
130- 2 Bed
- 2 Bath
- 1000 sft
(Undisclosed Address), Salinas, CA, 93907
$ 220,000
ROI
21.5Cash Flow/m
108- 3 Bed
- 2 Bath
- 1000 sft
255 E Bolivar St #39, Salinas, CA, 93906
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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