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

Calimesa, CA has a median modeled monthly cash flow of $-458 and a median cap rate of 4.4%, on a median sold price of $390,000. Prices changed -3.4% year over year.

What is the average cap rate in Calimesa, CA?

The median cap rate across recently sold homes in Calimesa, CA is 4.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Calimesa, CA?

The median sold price in Calimesa, CA is $390,000 (about $225 per square foot).

Investing in Calimesa, CA Real Estate

A data-driven snapshot of the Calimesa, 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.

$390,000Median sold price

$225Median $/sqft

4.4%Median cap rate

$-458Modeled cash flow / mo

-3.4%Appreciation YoY

12.5Months of supply

164Active listings

158Sold (last 12 mo)

What the Calimesa numbers say

In Calimesa, CA, the median home sold for $390,000 (about $225 per square foot), and the typical deal models out to a 4.4% cap rate with a median $-458 of monthly cash flow. Sold prices moved -3.4% over the past year. Inventory sits at about 12.5 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 Calimesa cash-flowing listings

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