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
2.6%
Avg Cash on Cash
-16.8%
Median Cashflow
-$2,531/mo
Avg Rent Estimate
$6,161/mo
Avg Price
$1,140,448
Price Range
$462,300 - $2,370,200
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 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 20+ analyzed properties, the median monthly cashflow in Rancho Mirage, CA is -$2,531 with average rents of $6,161/month. Properties range from $462,300 to $2,370,200, offering entry points across multiple investment budgets.
39 Santo Domingo Dr, Rancho Mirage, CA 92270
Price
$861,700
Rent
$4,938
CachFlow
-$1,752
CoC
-11.62
18 Lafayette Dr, Rancho Mirage, CA 92270
Price
$1,681,500
Rent
$6,462
CachFlow
-$7,202
CoC
-24.47
42 Lafayette Dr, Rancho Mirage, CA 92270
Price
$816,500
Rent
$6,893
CachFlow
-$1,598
CoC
-11.18
20 Clancy Lane Ests, Rancho Mirage, CA 92270
Price
$3,127,100
Rent
$6,812
CachFlow
-$14,869
CoC
-27.17
Rancho Mirage, CA Rental Market Insights
- •Median cashflow is -$2,531/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 $462,300 to $2,370,200
- •Consider this market if your strategy favors equity growth with rental income covering holding costs