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 15+ datapoints.
Rancho Mirage, CA Long-Term Rental Investment Snapshot
Based on 15+ long-term rental datapoints
Median Cap Rate
3%
Avg Cash on Cash
-15.9%
Median Cashflow
-$2,531/mo
Avg Rent Estimate
$6,576/mo
Avg Price
$1,282,018
Price Range
$462,300 - $3,045,900
Rent to Price
0.51%
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 3%, 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 15+ analyzed properties, the median monthly cashflow in Rancho Mirage, CA is -$2,531 with average rents of $6,576/month. Properties range from $462,300 to $3,045,900, offering entry points across multiple investment budgets.
20 Via Condotti, Rancho Mirage, CA 92270
Price
$1,905,600
Rent
$7,919
CachFlow
-$6,821
CoC
-20.45
71467 Country Club Dr, Rancho Mirage, CA 92270
Price
$1,999,900
Rent
$6,113
CachFlow
-$7,660
CoC
-21.89
50 Fincher Way, Rancho Mirage, CA 92270
Price
$3,045,900
Rent
$9,795
CachFlow
-$13,592
CoC
-25.5
37675 Thompson Rd, Rancho Mirage, CA 92270
Price
$2,370,200
Rent
$6,844
CachFlow
-$9,623
CoC
-23.2
Rancho Mirage, CA Rental Market Insights
- •Median cashflow is -$2,531/month — careful deal selection is essential here
- •3% 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 $462,300 to $3,045,900
- •Consider this market if your strategy favors equity growth with rental income covering holding costs