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

Carpinteria, CA has a median modeled monthly cash flow of $-3,168 and a median cap rate of 3.1%, on a median sold price of $1,197,000. Prices changed +7.1% year over year.

What is the average cap rate in Carpinteria, CA?

The median cap rate across recently sold homes in Carpinteria, CA is 3.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Carpinteria, CA?

The median sold price in Carpinteria, CA is $1,197,000 (about $885 per square foot).

Investing in Carpinteria, CA Real Estate

A data-driven snapshot of the Carpinteria, 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.

$1,197,000Median sold price

$885Median $/sqft

3.1%Median cap rate

$-3,168Modeled cash flow / mo

+7.1%Appreciation YoY

4.9Months of supply

59Active listings

145Sold (last 12 mo)

What the Carpinteria numbers say

In Carpinteria, CA, the median home sold for $1,197,000 (about $885 per square foot), and the typical deal models out to a 3.1% cap rate with a median $-3,168 of monthly cash flow. Sold prices moved +7.1% over the past year. Inventory sits at about 4.9 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 Carpinteria cash-flowing listings

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