Is August, CA a good place to invest in rental property?

August, CA has a median modeled monthly cash flow of $-337 and a median cap rate of 5.0%, on a median sold price of $310,000. Prices changed -5.9% year over year.

What is the average cap rate in August, CA?

The median cap rate across recently sold homes in August, CA is 5.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in August, CA?

The median sold price in August, CA is $310,000 (about $318 per square foot).

Investing in August, CA Real Estate

A data-driven snapshot of the August, CA rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$310,000Median sold price

$318Median $/sqft

5.0%Median cap rate

$-337Modeled cash flow / mo

-5.9%Appreciation YoY

14.9Months of supply

46Active listings

37Sold (last 12 mo)

What the August numbers say

In August, CA, the median home sold for $310,000 (about $318 per square foot), and the typical deal models out to a 5.0% cap rate with a median $-337 of monthly cash flow. Sold prices moved -5.9% over the past year. Inventory sits at about 14.9 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other California markets to compare

See August cash-flowing listings

CashFlowRE ranks every for-sale home in August, CA by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen August deals, or browse the national market data.