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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in San Luis Obispo, CA
Listed for sale today
$ 415,000
ROI
31.8
Cash Flow/m
1393- 2 Bed
- 3 Bath
- 1740 sft
3395 S Higuera St Space 48, San Luis Obispo, CA, 93401
$ 450,000
ROI
24.7Cash Flow/m
619- 3 Bed
- 2 Bath
- 1488 sft
1037 Kerry Dr #51, San Luis Obispo, CA, 93405
$ 489,150
ROI
32.4Cash Flow/m
1724- 3 Bed
- 2 Bath
- 1169 sft
288 Memphis Belle Way, San Luis Obispo, CA, 93401
$ 398,000
ROI
25.5Cash Flow/m
642- 2 Bed
- 1 Bath
- 1216 sft
3057 S Higuera St Space 111, San Luis Obispo, CA, 93401
Why Invest in San Luis Obispo, California?
Investing in properties under $500k in San Luis Obispo provides an attractive opportunity due to its growing rental market and desirable location. With an average rent of $2,300 and a rental yield of 6%, investors can benefit from solid cash flows. The area's appreciation rates, currently at 4%, further enhance its appeal for long-term investments.
8%
Avg. ROI
6%
Rental Yield
5%
Cap Rate
$500/mo
Avg. Cash Flow
$2300/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Homes priced under $500k in San Luis Obispo are becoming increasingly rare, but there are still opportunities primarily in smaller units and condos. The market remains competitive, so it's advisable to act quickly when a suitable property arises.
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