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

East Bakersfield, CA has a median modeled monthly cash flow of $-575 and a median cap rate of 4.6%, on a median sold price of $270,000. Prices changed +2.9% year over year.

What is the average cap rate in East Bakersfield, CA?

The median cap rate across recently sold homes in East Bakersfield, CA is 4.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in East Bakersfield, CA?

The median sold price in East Bakersfield, CA is $270,000 (about $228 per square foot).

Investing in East Bakersfield, CA Real Estate

A data-driven snapshot of the East Bakersfield, 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.

$270,000Median sold price

$228Median $/sqft

4.6%Median cap rate

$-575Modeled cash flow / mo

+2.9%Appreciation YoY

19.0Months of supply

49Active listings

31Sold (last 12 mo)

What the East Bakersfield numbers say

In East Bakersfield, CA, the median home sold for $270,000 (about $228 per square foot), and the typical deal models out to a 4.6% cap rate with a median $-575 of monthly cash flow. Sold prices moved +2.9% over the past year. Inventory sits at about 19.0 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 East Bakersfield cash-flowing listings

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