Rancho Mirage, CA Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Rancho Mirage, CA. Based on 30+ datapoints.
Rancho Mirage, CA Long-Term Rental Investment Snapshot
Based on 30+ long-term rental datapoints
Median Cap Rate
2.6%
Avg Cash on Cash
-19.6%
Median Cashflow
-$3,721/mo
Avg Rent Estimate
$5,761/mo
Avg Price
$1,050,871
Price Range
$654,300 - $1,713,400
Rent to Price
0.55%
low ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Rancho Mirage, CA
Rancho Mirage, CA is primarily an appreciation-driven market for long-term rental investors. Cap rates average 2.6%, 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 30+ analyzed properties, the median monthly cashflow in Rancho Mirage, CA is -$3,721 with average rents of $5,761/month. Properties range from $654,300 to $1,713,400, offering entry points across multiple investment budgets.
24 Calle Ardilla, Rancho Mirage, CA 92270
Price
$1,102,300
Rent
$6,200
CachFlow
-$3,721
CoC
-19.29
47 Mission Palms E, Rancho Mirage, CA 92270
Price
$900,300
Rent
$5,457
CachFlow
-$2,439
CoC
-15.48
50 Oakmont Dr, Rancho Mirage, CA 92270
Price
$1,120,400
Rent
$5,645
CachFlow
-$3,963
CoC
-20.21
7 Calle Del Norte, Rancho Mirage, CA 92270
Price
$946,900
Rent
$7,028
CachFlow
-$1,917
CoC
-11.57
Rancho Mirage, CA Rental Market Insights
- •Median cashflow is -$3,721/month — careful deal selection is essential here
- •2.6% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, Rancho Mirage, CA requires selective property picks
- •Premium market with properties from $654,300 to $1,713,400
- •Consider this market if your strategy favors equity growth with rental income covering holding costs