Pasadena, CA Short-Term Rental / Airbnb Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for short-term rental / airbnb investments in Pasadena, CA. Based on 15+ datapoints.
Pasadena, CA Short-Term Rental / Airbnb Investment Snapshot
Based on 15+ short-term rental / airbnb datapoints
Median Cap Rate
1.8%
Avg Cash on Cash
-20.1%
Median Cashflow
-$5,610/mo
Avg Rent Estimate
$5,949/mo
Avg Price
$1,350,181
Price Range
$300,000 - $2,337,100
Rent to Price
0.44%
low ratio
Positive Cashflow
6%
of analyzed properties
Recent real estate investor listings analysed as short-term rental / airbnb deals in Pasadena, CA
Pasadena, CA is a premium short-term rental market where property values drive long-term wealth. While cap rates are modest at 1.8%, the premium property prices reflect strong underlying demand. STR investors here typically benefit from appreciation alongside rental income.
Across 15+ analyzed properties, Pasadena, CA STR investments show a median monthly cashflow of -$5,610 with an average estimated nightly-rate-adjusted revenue of $5,949/month. These figures reflect real property data, not projections.
100 Palmetto Dr APT 9, Pasadena, CA 91105
Price
$610,000
Rent
$2,990
CachFlow
-$2,100
CoC
-18.79
Pasadena, CA Airbnb Market Insights
- •Median cashflow is -$5,610/month — careful deal selection is essential here
- •1.8% 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