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

Delano, CA has a median modeled monthly cash flow of $-892 and a median cap rate of 3.4%, on a median sold price of $366,000. Prices changed -2.6% year over year.

What is the average cap rate in Delano, CA?

The median cap rate across recently sold homes in Delano, CA is 3.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Delano, CA?

The median sold price in Delano, CA is $366,000 (about $245 per square foot).

Investing in Delano, CA Real Estate

A data-driven snapshot of the Delano, 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.

$366,000Median sold price

$245Median $/sqft

3.4%Median cap rate

$-892Modeled cash flow / mo

-2.6%Appreciation YoY

7.8Months of supply

108Active listings

166Sold (last 12 mo)

What the Delano numbers say

In Delano, CA, the median home sold for $366,000 (about $245 per square foot), and the typical deal models out to a 3.4% cap rate with a median $-892 of monthly cash flow. Sold prices moved -2.6% over the past year. Inventory sits at about 7.8 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 Delano cash-flowing listings

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