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

Carmichael, CA has a median modeled monthly cash flow of $-1,678 and a median cap rate of 2.7%, on a median sold price of $540,000. Prices changed -0.3% year over year.

What is the average cap rate in Carmichael, CA?

The median cap rate across recently sold homes in Carmichael, CA is 2.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Carmichael, CA?

The median sold price in Carmichael, CA is $540,000 (about $330 per square foot).

Investing in Carmichael, CA Real Estate

A data-driven snapshot of the Carmichael, 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.

$540,000Median sold price

$330Median $/sqft

2.7%Median cap rate

$-1,678Modeled cash flow / mo

-0.3%Appreciation YoY

8.1Months of supply

485Active listings

715Sold (last 12 mo)

What the Carmichael numbers say

In Carmichael, CA, the median home sold for $540,000 (about $330 per square foot), and the typical deal models out to a 2.7% cap rate with a median $-1,678 of monthly cash flow. Sold prices moved -0.3% over the past year. Inventory sits at about 8.1 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 Carmichael cash-flowing listings

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