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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
Listed for sale 3 days ago
$ 429,000
ROI
20.1
Cash Flow/m
42- 2 Bed
- 2 Bath
- 1008 sft
1555 Merrill St #150, Santa Cruz, CA, 95062
$ 125,000
ROI
26.2Cash Flow/m
225- - Bed
- 1 Bath
- 288 sft
170 W Cliff Dr Space 41, Santa Cruz, CA, 95060
$ 439,000
ROI
27.5Cash Flow/m
944- 2 Bed
- 2 Bath
- 1536 sft
2435 Felt St Space 39, Santa Cruz, CA, 95062
$ 199,000
ROI
26.2Cash Flow/m
358- 1 Bed
- 1 Bath
- 400 sft
2546 Capitola Road, 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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