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REI Lense

Banning, CA Long-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Banning, CA. Based on 15+ datapoints.

Banning, CA Long-Term Rental Investment Snapshot

Based on 15+ long-term rental datapoints

Median Cap Rate

3.4%

Avg Cash on Cash

-13.4%

Median Cashflow

-$922/mo

Avg Rent Estimate

$2,546/mo

Avg Price

$418,206

Price Range

$250K – $600K

approximate

Rent to Price

0.61%

low ratio

Positive Cashflow

0%

of analyzed properties

Recent real estate investor listings analysed as long-term rental deals in Banning, CA

Banning, CA is primarily an appreciation-driven market for long-term rental investors. Cap rates average 3.4%, typical of mid-to-upper tier markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.

Based on 15+ analyzed properties, the median monthly cashflow in Banning, CA is -$922 with average rents of $2,546/month. Properties are priced about $250,000 to $600,000, offering entry points across multiple investment budgets.

339 W Wilson St, Banning, CA 92220

Price

$459,900

Rent

$2,283

CachFlow

-$1,385

CoC

-17.21

Full Analysis

517 N Sunrise Ave, Banning, CA 92220

Price

$352,700

Rent

$2,780

CachFlow

-$313

CoC

-5.07

Full Analysis

1022 S 22nd St, Banning, CA 92220

Price

$899,000

Rent

$3,882

CachFlow

-$3,220

CoC

-20.47

Full Analysis

441 Autumn Ln, Banning, CA 92220

Price

$500,000

Rent

$2,589

CachFlow

-$1,416

CoC

-16.18

Full Analysis

906 N 4th St, Banning, CA 92220

Price

$500,000

Rent

$2,492

CachFlow

-$1,446

CoC

-16.53

Full Analysis
1–5 of 15+
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Banning, CA Rental Market Insights

  • Median cashflow is -$922/month — careful deal selection is essential here
  • 3.4% median cap rate is typical of appreciation-focused markets
  • At 0% positive cashflow rate, Banning, CA requires selective property picks
  • Mid-to-upper tier market with properties priced about $250,000 to $600,000
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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