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

Bishop, CA has a median modeled monthly cash flow of $-1,957 and a median cap rate of 2.1%, on a median sold price of $485,000. Prices changed +12.7% year over year.

What is the average cap rate in Bishop, CA?

The median cap rate across recently sold homes in Bishop, CA is 2.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Bishop, CA?

The median sold price in Bishop, CA is $485,000 (about $336 per square foot).

Investing in Bishop, CA Real Estate

A data-driven snapshot of the Bishop, 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.

$485,000Median sold price

$336Median $/sqft

2.1%Median cap rate

$-1,957Modeled cash flow / mo

+12.7%Appreciation YoY

6.6Months of supply

23Active listings

42Sold (last 12 mo)

What the Bishop numbers say

In Bishop, CA, the median home sold for $485,000 (about $336 per square foot), and the typical deal models out to a 2.1% cap rate with a median $-1,957 of monthly cash flow. Sold prices moved +12.7% over the past year. Inventory sits at about 6.6 months of supply. 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 Bishop cash-flowing listings

CashFlowRE ranks every for-sale home in Bishop, 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 Bishop deals, or browse the national market data.