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

Clovis, CA has a median modeled monthly cash flow of $-1,369 and a median cap rate of 3.0%, on a median sold price of $490,000. Prices changed +3.7% year over year.

What is the average cap rate in Clovis, CA?

The median cap rate across recently sold homes in Clovis, CA is 3.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Clovis, CA?

The median sold price in Clovis, CA is $490,000 (about $281 per square foot).

Investing in Clovis, CA Real Estate

A data-driven snapshot of the Clovis, 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.

$490,000Median sold price

$281Median $/sqft

3.0%Median cap rate

$-1,369Modeled cash flow / mo

+3.7%Appreciation YoY

7.4Months of supply

964Active listings

1,554Sold (last 12 mo)

What the Clovis numbers say

In Clovis, CA, the median home sold for $490,000 (about $281 per square foot), and the typical deal models out to a 3.0% cap rate with a median $-1,369 of monthly cash flow. Sold prices moved +3.7% over the past year. Inventory sits at about 7.4 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 Clovis cash-flowing listings

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