Under $300K Investment Properties for Sale in Salinas, CA
Currently Rented
Fix & Flip
Motivated Seller
+ 1 more
$ 299,000
ROI
34.1
Cash Flow/m
1191- 3 Bed
- 2 Bath
- 1445 sft
105 Orchard Ave, Salinas, CA, 93905
$ 259,000
ROI
22.2Cash Flow/m
179- 3 Bed
- 2 Bath
- 1440 sft
20 Russell Rd #84, Salinas, CA, 93906
$ 210,000
ROI
23.4Cash Flow/m
215- 2 Bed
- 2 Bath
- 1440 sft
150 Kern St #37, Salinas, CA, 93905
$ 260,000
ROI
22.3Cash Flow/m
184- 3 Bed
- 2 Bath
- 960 sft
255 E Bolivar St #119, 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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