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

Gilroy, CA has a median modeled monthly cash flow of $-4,315 and a median cap rate of 1.8%, on a median sold price of $1,100,000. Prices changed -2.7% year over year.

What is the average cap rate in Gilroy, CA?

The median cap rate across recently sold homes in Gilroy, CA is 1.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Gilroy, CA?

The median sold price in Gilroy, CA is $1,100,000 (about $514 per square foot).

Investing in Gilroy, CA Real Estate

A data-driven snapshot of the Gilroy, 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.

$1,100,000Median sold price

$514Median $/sqft

1.8%Median cap rate

$-4,315Modeled cash flow / mo

-2.7%Appreciation YoY

7.1Months of supply

251Active listings

423Sold (last 12 mo)

What the Gilroy numbers say

In Gilroy, CA, the median home sold for $1,100,000 (about $514 per square foot), and the typical deal models out to a 1.8% cap rate with a median $-4,315 of monthly cash flow. Sold prices moved -2.7% over the past year. Inventory sits at about 7.1 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 Gilroy cash-flowing listings

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