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 20+ datapoints.
Rancho Mirage, CA Long-Term Rental Investment Snapshot
Based on 20+ long-term rental datapoints
Median Cap Rate
1.8%
Avg Cash on Cash
-21.5%
Median Cashflow
-$3,887/mo
Avg Rent Estimate
$6,063/mo
Avg Price
$1,364,614
Price Range
$399,100 - $2,841,700
Rent to Price
0.44%
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 1.8%, 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 20+ analyzed properties, the median monthly cashflow in Rancho Mirage, CA is -$3,887 with average rents of $6,063/month. Properties range from $399,100 to $2,841,700, offering entry points across multiple investment budgets.
36930 Palm Ct, Rancho Mirage, CA 92270
Price
$1,107,300
Rent
$4,732
CachFlow
-$3,731
CoC
-19.25
40380 Tonopah Rd, Rancho Mirage, CA 92270
Price
$2,841,700
Rent
$7,152
CachFlow
-$13,629
CoC
-27.41
40600 Tonopah Rd, Rancho Mirage, CA 92270
Price
$2,804,700
Rent
$5,911
CachFlow
-$14,417
CoC
-29.37
Rancho Mirage, CA Rental Market Insights
- •Median cashflow is -$3,887/month — careful deal selection is essential here
- •1.8% 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 $399,100 to $2,841,700
- •Consider this market if your strategy favors equity growth with rental income covering holding costs