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

Carnelian Bay, CA has a median modeled monthly cash flow of $-4,179 and a median cap rate of 0.2%, on a median sold price of $912,000. Prices changed -16.0% year over year.

What is the average cap rate in Carnelian Bay, CA?

The median cap rate across recently sold homes in Carnelian Bay, CA is 0.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Carnelian Bay, CA?

The median sold price in Carnelian Bay, CA is $912,000 (about $613 per square foot).

Investing in Carnelian Bay, CA Real Estate

A data-driven snapshot of the Carnelian Bay, 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.

$912,000Median sold price

$613Median $/sqft

0.2%Median cap rate

$-4,179Modeled cash flow / mo

-16.0%Appreciation YoY

8.1Months of supply

21Active listings

31Sold (last 12 mo)

What the Carnelian Bay numbers say

In Carnelian Bay, CA, the median home sold for $912,000 (about $613 per square foot), and the typical deal models out to a 0.2% cap rate with a median $-4,179 of monthly cash flow. Sold prices moved -16.0% 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 Carnelian Bay cash-flowing listings

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