Phelan, CA Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Phelan, CA. Based on 10+ datapoints.
Phelan, CA Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
3.3%
Avg Cash on Cash
-16.1%
Median Cashflow
-$1,287/mo
Avg Rent Estimate
$2,500/mo
Avg Price
$461,146
Price Range
$350K – $600K
approximate
Rent to Price
0.54%
low ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Phelan, CA
Phelan, CA is primarily an appreciation-driven market for long-term rental investors. Cap rates average 3.3%, 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 10+ analyzed properties, the median monthly cashflow in Phelan, CA is -$1,287 with average rents of $2,500/month. Properties are priced about $350,000 to $600,000, offering entry points across multiple investment budgets.
Phelan, CA Rental Market Insights
- Median cashflow is -$1,287/month — careful deal selection is essential here
- 3.3% median cap rate is typical of appreciation-focused markets
- At 0% positive cashflow rate, Phelan, CA requires selective property picks
- Mid-to-upper tier market with properties priced about $350,000 to $600,000
- Consider this market if your strategy favors equity growth with rental income covering holding costs