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
2%
Avg Cash on Cash
-19.3%
Median Cashflow
-$3,851/mo
Avg Rent Estimate
$5,910/mo
Avg Price
$1,181,300
Price Range
$399,100 - $2,088,000
Rent to Price
0.5%
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%, 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 -$3,851 with average rents of $5,910/month. Properties range from $399,100 to $2,088,000, offering entry points across multiple investment budgets.
31 Chardonnay, Rancho Mirage, CA 92270
Price
$1,215,500
Rent
$5,016
CachFlow
-$4,625
CoC
-21.74
115 Columbia Dr, Rancho Mirage, CA 92270
Price
$1,120,700
Rent
$5,627
CachFlow
-$5,056
CoC
-25.78
1207 Tamarisk West St, Rancho Mirage, CA 92270
Price
$972,700
Rent
$5,623
CachFlow
-$2,936
CoC
-17.25
Rancho Mirage, CA Rental Market Insights
- •Median cashflow is -$3,851/month — careful deal selection is essential here
- •2% 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 $2,088,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs