Cash Flowing Cities with 200K Price Point

Cash Flowing Cities with 200K Price Point

Developer · San Francisco, CA · Member since 2020 · 8 posts · 1 vote

Hello! 

Any investors out there having good experience with cash flow (~4% cap rate and above) on single family, duplex, condos with a purchase price of ~200k in any particular city? I'm looking to invest out of state and I'd like to know if you have personal experience finding decent deals in a particular city. Websites all over claim good cities for cash flow but its really all over the place and no website seems to be consistent. 

Thanks in advance. 

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Rental Property Investor · L.A. Ca · Member since 2020 · 120 posts · 43 votes
5y

@ Nicholas Glatter

I messaged you. 

See this reply in the discussion

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  • Developer · Danville KY · Member since 2015 · 85 posts · 110 votes
    5y

    @Sean Lee I believe there are many cities that match your criteria. If you have any connections for a team member of your core 4, I would start there.

  • Rental Property Investor · L.A. Ca · Member since 2020 · 120 posts · 43 votes
    5y

    I am in So Cal. I just invested in central Az and it is cash flowing well. 215,000 is the average house price that I paid in Nov/Dec. 1500-1550 rents for 3bd/2ba. Low insur and taxes. Great weather. Houses are nice. Some with and some without HOAs. Good rental market now.

  • Developer · San Francisco, CA · Member since 2020 · 8 posts · 1 vote
    5y

    @Nicole W. Hi - what cities are you specifically investing in/seeing those comps? 

    thank you!

  • Rental Property Investor · L.A. Ca · Member since 2020 · 120 posts · 43 votes
    5y

    Sean Lee

    I messaged you all the info.

  • Investor · Tampa FL, USA · Member since 2019 · 72 posts · 20 votes
    5y

    @Nicole W.

    Would you mind sharing the info with me as well? I’ve been looking in TX and just started viewing places in AZ.

    Cash flow has been hard lately.

  • Rental Property Investor · L.A. Ca · Member since 2020 · 120 posts · 43 votes
    5y

    @ Nicholas Glatter

    I messaged you. 

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