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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Salinas, CA
$ 385,000
ROI
21.5
Cash Flow/m
183- 2 Bed
- 2 Bath
- 1073 sft
166 Kern St Unit 13, Salinas, CA, 93905
$ 499,000
ROI
24.8Cash Flow/m
693- 24 Bed
- 6 Bath
- 15016 sft
(Undisclosed Address), Salinas, CA, 93901
$ 238,000
ROI
35.5Cash 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
Why Invest in Salinas, California?
Investing in Salinas, CA offers a unique opportunity with properties under $500k. The city's real estate market boasts a strong average rental yield of 6%, making it a great choice for investors seeking cash flow. With an appreciation rate of 4% and relatively low vacancies at 5%, Salinas presents a stable environment for long-term returns.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$1200/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average home price in Salinas is currently around $480,000, making it an attractive market for first-time homebuyers and investors looking for affordable options.
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