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

Canyon Lake, CA has a median modeled monthly cash flow of $-2,861 and a median cap rate of 2.3%, on a median sold price of $700,000. Prices changed -4.9% year over year.

What is the average cap rate in Canyon Lake, CA?

The median cap rate across recently sold homes in Canyon Lake, CA is 2.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Canyon Lake, CA?

The median sold price in Canyon Lake, CA is $700,000 (about $349 per square foot).

Investing in Canyon Lake, CA Real Estate

A data-driven snapshot of the Canyon Lake, 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.

$700,000Median sold price

$349Median $/sqft

2.3%Median cap rate

$-2,861Modeled cash flow / mo

-4.9%Appreciation YoY

9.7Months of supply

166Active listings

205Sold (last 12 mo)

What the Canyon Lake numbers say

In Canyon Lake, CA, the median home sold for $700,000 (about $349 per square foot), and the typical deal models out to a 2.3% cap rate with a median $-2,861 of monthly cash flow. Sold prices moved -4.9% over the past year. Inventory sits at about 9.7 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 Canyon Lake cash-flowing listings

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