Under $500K Investment Properties for Sale in Santee, CA
Listed for sale 2 days ago
$ 129,000
ROI
24.9
Cash Flow/m
183- 1 Bed
- 1 Bath
- 712 sft
9459 Mission Gorge Rd Space 7, Santee, CA, 92071
Listed for sale 6 days ago
$ 429,000
ROI
20.3Cash Flow/m
65- 2 Bed
- 2 Bath
- 936 sft
10760 N Magnolia Ave Unit B7, Santee, CA, 92071
$ 489,000
ROI
21.7Cash Flow/m
269- 3 Bed
- 1 Bath
- 916 sft
8719 Wahl St, Santee, CA, 92071
$ 424,900
ROI
20.4Cash Flow/m
74- 3 Bed
- 2 Bath
- 1440 sft
9255 N Magnolia Ave Space 232, Santee, CA, 92071
Why Invest in Santee, California?
Investing in Santee, CA, offers a unique opportunity, especially for homes under $500k. With a growing job market and an average rental yield of around 5%, it showcases a compelling investment potential. The area's strong demand for rental properties contributes to a healthy cap rate and solid average cash flow.
8%
Avg. ROI
5%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$2200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
In Santee, you can find a variety of properties under $500k, including single-family homes and townhouses. These properties are suitable for both first-time buyers and investors.
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