Under $300K Investment Properties for Sale in San Luis Obispo, CA

Property at 1845 Garnette Dr, San Luis Obispo, CA
$ 250,000
ROI
22.5ROI percentage
Cash Flow/m
Dollar sign191
  • 2 Bed
  • 1 Bath
  • 912 sft
1845 Garnette Dr, San Luis Obispo, CA, 93405
Property at 145 South St Space B17, San Luis Obispo, CA
$ 249,950
ROI
21.5ROI percentage
Cash Flow/m
Dollar sign122
  • 3 Bed
  • 2 Bath
  • 960 sft
145 South St Space B17, San Luis Obispo, CA, 93401
Property at 1121 Orcutt Rd Space 24, San Luis Obispo, CA
$ 199,000
ROI
25.2ROI percentage
Cash Flow/m
Dollar sign300
  • 1 Bed
  • 1 Bath
  • 400 sft
1121 Orcutt Rd Space 24, San Luis Obispo, CA, 93401
Property at 3860 S Higuera St Space 240, San Luis Obispo, CA
$ 289,000
ROI
22.8ROI percentage
Cash Flow/m
Dollar sign242
  • 3 Bed
  • 2 Bath
  • 1344 sft
3860 S Higuera St Space 240, San Luis Obispo, CA, 93401

Why Invest in San Luis Obispo, California?

Investing in San Luis Obispo under $300k presents a unique opportunity in a vibrant California market. This city boasts a strong rental demand and an affordable entry point for new investors. With rental yields averaging around 5% and a steady appreciation rate, properties in this region offer promising returns.

8%
Avg. ROI
5%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

You can find smaller single-family homes, condominiums, and even some multi-family units under $300k. These properties often attract first-time homebuyers and investors looking for rental opportunities.

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