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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

Listed for sale today
$ 215,000
ROI
23.4
Cash Flow/m
216- 2 Bed
- 2 Bath
- 672 sft
255 E Bolivar St Space 204, Salinas, CA, 93906

$ 220,000
ROI
23.1
Cash Flow/m
207- 4 Bed
- - Bath
- 1300 sft
20 Russell Rd Space 69, Salinas, CA, 93906

$ 359,000
ROI
20.4
Cash Flow/m
62- 1 Bed
- 1 Bath
- 820 sft
2400 N Main St Unit F, Salinas, CA, 93906

$ 385,000
ROI
20.2
Cash Flow/m
45- 2 Bed
- 2 Bath
- 1073 sft
166 Kern St Unit 26, 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.
Find Your Perfect Investment Property in Salinas, California
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