Pasadena, CA Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Pasadena, CA. Based on 15+ datapoints.
Pasadena, CA Long-Term Rental Investment Snapshot
Based on 15+ long-term rental datapoints
Median Cap Rate
2.2%
Avg Cash on Cash
-17.9%
Median Cashflow
-$4,497/mo
Avg Rent Estimate
$4,957/mo
Avg Price
$1,358,406
Price Range
$300,000 - $2,337,100
Rent to Price
0.36%
low ratio
Positive Cashflow
6%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Pasadena, CA
Pasadena, CA is primarily an appreciation-driven market for long-term rental investors. Cap rates average 2.2%, typical of premium 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 Pasadena, CA is -$4,497 with average rents of $4,957/month. Properties range from $300,000 to $2,337,100, offering entry points across multiple investment budgets.
Pasadena, CA Rental Market Insights
- •Median cashflow is -$4,497/month — careful deal selection is essential here
- •2.2% median cap rate is typical of appreciation-focused markets
- •At 6% positive cashflow rate, Pasadena, CA requires selective property picks
- •Premium market with properties from $300,000 to $2,337,100
- •Consider this market if your strategy favors equity growth with rental income covering holding costs