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 10+ datapoints.
Rancho Mirage, CA Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
2.4%
Avg Cash on Cash
-17.2%
Median Cashflow
-$3,300/mo
Avg Rent Estimate
$6,610/mo
Avg Price
$1,522,792
Price Range
$462,300 - $4,004,300
Rent to Price
0.43%
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 2.4%, 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 10+ analyzed properties, the median monthly cashflow in Rancho Mirage, CA is -$3,300 with average rents of $6,610/month. Properties range from $462,300 to $4,004,300, offering entry points across multiple investment budgets.
9 San Marino Cir, Rancho Mirage, CA 92270
Price
$735,100
Rent
$4,670
CachFlow
-$1,629
CoC
-12.66
40231 Club View Dr, Rancho Mirage, CA 92270
Price
$4,004,300
Rent
$11,770
CachFlow
-$14,663
CoC
-20.92
Rancho Mirage, CA Rental Market Insights
- •Median cashflow is -$3,300/month — careful deal selection is essential here
- •2.4% 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 $4,004,300
- •Consider this market if your strategy favors equity growth with rental income covering holding costs