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Investing in Ceres, California Rental Homes
In recent years, Ceres has experienced a huge increase in its population — 40.7% to be exact, since 2000. This should come as no surprise since a home here is much more affordable when compared to other nearby areas. The estimated price of a new home in Ceres ranges between $277,107 for townhouses and $319,954 for single-family homes.
It’s also a great option for nature lovers, as the City of Ceres has 11 parks for public use — the largest one being the Ceres River Bluff Regional Park. All in all, Ceres is becoming more popular and well-known in the rental market. With its high-income rates combined with affordable housing options and a growing population, now is the best time for investors to consider owning an investment property in Ceres.