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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
$ 409,900
ROI
29.2
Cash Flow/m
1076- - Bed
- - Bath
- - sft
3860 S Higuera St Space 187, San Luis Obispo, CA, 93401
$ 359,900
ROI
24.6Cash Flow/m
489- 3 Bed
- 2 Bath
- 1140 sft
3860 S Higuera St Space 163, San Luis Obispo, CA, 93401
$ 199,000
ROI
25.2Cash Flow/m
300- 1 Bed
- 1 Bath
- 400 sft
1121 Orcutt Rd Space 24, San Luis Obispo, CA, 93401
$ 289,000
ROI
22.8Cash Flow/m
242- 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 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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