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

East Hemet, CA has a median modeled monthly cash flow of $-1,060 and a median cap rate of 3.4%, on a median sold price of $450,000. Prices changed -1.7% year over year.

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

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

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

The median sold price in East Hemet, CA is $450,000 (about $281 per square foot).

Investing in East Hemet, CA Real Estate

A data-driven snapshot of the East Hemet, 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.

$450,000Median sold price

$281Median $/sqft

3.4%Median cap rate

$-1,060Modeled cash flow / mo

-1.7%Appreciation YoY

7.2Months of supply

103Active listings

172Sold (last 12 mo)

What the East Hemet numbers say

In East Hemet, CA, the median home sold for $450,000 (about $281 per square foot), and the typical deal models out to a 3.4% cap rate with a median $-1,060 of monthly cash flow. Sold prices moved -1.7% over the past year. Inventory sits at about 7.2 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 Hemet cash-flowing listings

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