Investment Properties Under $500K in Salinas, CA | Ziffy.ai
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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

Property at 150 Sherwood Dr Space 64, Salinas, CA
Listed for sale 4 days ago
$ 249,900
ROI
22.0ROI percentage
Cash Flow/m
Dollar sign157
  • 2 Bed
  • 1 Bath
  • 960 sft
150 Sherwood Dr Space 64, Salinas, CA, 93901
Property at 55 San Juan Grade Rd Space 11, Salinas, CA
$ 166,000
ROI
26.3ROI percentage
Cash Flow/m
Dollar sign302
  • 2 Bed
  • 2 Bath
  • 1440 sft
55 San Juan Grade Rd Space 11, Salinas, CA, 93906
Property at 158 Kern Street #12, Salinas, CA
Rental Income
$ 339,000
ROI
20.5ROI percentage
Cash Flow/m
Dollar sign73
  • 2 Bed
  • 1 Bath
  • 946 sft
158 Kern Street #12, Salinas, CA, 93905
Property at 2402 N Main St Unit A, Salinas, CA
$ 399,000
ROI
21.1ROI percentage
Cash Flow/m
Dollar sign148
  • 2 Bed
  • 2 Bath
  • 932 sft
2402 N Main St Unit A, Salinas, CA, 93906

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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