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 30+ datapoints.
Rancho Mirage, CA Long-Term Rental Investment Snapshot
Based on 30+ long-term rental datapoints
Median Cap Rate
2.6%
Avg Cash on Cash
-19.8%
Median Cashflow
-$3,317/mo
Avg Rent Estimate
$5,720/mo
Avg Price
$1,023,781
Price Range
$650K – $1.6M
approximate
Rent to Price
0.56%
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 30+ analyzed properties, the median monthly cashflow in Rancho Mirage, CA is -$3,317 with average rents of $5,720/month. Properties are priced about $650,000 to $1,600,000, offering entry points across multiple investment budgets.
72020 Palm Crest Dr, Rancho Mirage, CA 92270
Price
$1,285,000
Rent
$6,626
CachFlow
-$3,829
CoC
-17.03
40070 Via Del Cielo, Rancho Mirage, CA 92270
Price
$689,000
Rent
$4,262
CachFlow
-$2,915
CoC
-24.18
147 Columbia Dr, Rancho Mirage, CA 92270
Price
$1,109,400
Rent
$6,622
CachFlow
-$4,686
CoC
-24.14
24 Calle Ardilla, Rancho Mirage, CA 92270
Price
$1,102,300
Rent
$6,200
CachFlow
-$3,721
CoC
-19.29
Rancho Mirage, CA Rental Market Insights
- Median cashflow is -$3,317/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 priced about $650,000 to $1,600,000
- Consider this market if your strategy favors equity growth with rental income covering holding costs