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
2.3%
Avg Cash on Cash
-17.2%
Median Cashflow
-$3,364/mo
Avg Rent Estimate
$5,901/mo
Avg Price
$1,189,110
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 2.3%, 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 20+ analyzed properties, the median monthly cashflow in Rancho Mirage, CA is -$3,364 with average rents of $5,901/month. Properties range from $399,100 to $2,088,000, offering entry points across multiple investment budgets.
69629 Antonia Way, Rancho Mirage, CA 92270
Price
$399,100
Rent
$2,743
CachFlow
-$758
CoC
-10.85
321 Loch Lomond Rd, Rancho Mirage, CA 92270
Price
$1,427,100
Rent
$6,254
CachFlow
-$4,981
CoC
-19.94
48 Vista Encantada, Rancho Mirage, CA 92270
Price
$2,088,000
Rent
$7,665
CachFlow
-$7,666
CoC
-20.98
Rancho Mirage, CA Rental Market Insights
- •Median cashflow is -$3,364/month — careful deal selection is essential here
- •2.3% 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 $399,100 to $2,088,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs