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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Santa Cruz, CA

$ 390,000
ROI
28.3
Cash Flow/m
931- 2 Bed
- 2 Bath
- 840 sft
1040 38th Ave, Santa Cruz, CA, 95062

$ 390,000
ROI
21.9
Cash Flow/m
236- 2 Bed
- 2 Bath
- 840 sft
1040 38th Ave Spc 22, Santa Cruz, CA, 95062

$ 325,000
ROI
21.9
Cash Flow/m
194- 3 Bed
- 2 Bath
- 1440 sft
2395 Delaware Ave #126, Santa Cruz, CA, 95060

$ 275,000
ROI
22.5
Cash Flow/m
213- 1 Bed
- 1 Bath
- 588 sft
925 38th Ave Space 33, Santa Cruz, CA, 95062
Why Invest in Santa Cruz, California?
Investing in Santa Cruz, CA, under $500k offers a unique opportunity to tap into a market with strong rental yields and potential for appreciation. With a vibrant local economy and a scenic coastal location, this area attracts both tourists and long-term residents alike, ensuring continued demand for housing. The favorable cash flow metrics and increasing average rent make it an attractive option for investors looking for sustainable returns.
8%
Avg. ROI
6%
Rental Yield
5.5%
Cap Rate
$300/mo
Avg. Cash Flow
$2200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
In Santa Cruz, properties under $500k typically include smaller single-family homes, condos, and townhouses. The market for such properties is competitive, often attracting first-time buyers and investors.
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