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

Gilroy, CA has a median modeled monthly cash flow of $-4,199 and a median cap rate of 1.9%, on a median sold price of $1,099,888. Prices changed -0.4% year over year.

What is the average cap rate in Gilroy, CA?

The median cap rate across recently sold homes in Gilroy, CA is 1.9%, 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 $1,099,888 (about $518 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.

$1,099,888Median sold price

$518Median $/sqft

1.9%Median cap rate

$-4,199Modeled cash flow / mo

-0.4%Appreciation YoY

9.1Months of supply

319Active listings

419Sold (last 12 mo)

What the Gilroy numbers say

In Gilroy, CA, the median home sold for $1,099,888 (about $518 per square foot), and the typical deal models out to a 1.9% cap rate with a median $-4,199 of monthly cash flow. Sold prices moved -0.4% over the past year. Inventory sits at about 9.1 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.