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
3.2%
Avg Cash on Cash
-16.2%
Median Cashflow
-$1,312/mo
Avg Rent Estimate
$2,507/mo
Avg Price
$461,292
Price Range
$371,200 - $550,800
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 3.2%, 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 -$1,312 with average rents of $2,507/month. Properties range from $371,200 to $550,800, offering entry points across multiple investment budgets.
Phelan, CA Rental Market Insights
- •Median cashflow is -$1,312/month — careful deal selection is essential here
- •3.2% 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 from $371,200 to $550,800
- •Consider this market if your strategy favors equity growth with rental income covering holding costs