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

Lake Elsinore, CA has a median modeled monthly cash flow of $-1,522 and a median cap rate of 3.3%, on a median sold price of $590,000. Prices changed -2.4% year over year.

What is the average cap rate in Lake Elsinore, CA?

The median cap rate across recently sold homes in Lake Elsinore, CA is 3.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Lake Elsinore, CA?

The median sold price in Lake Elsinore, CA is $590,000 (about $282 per square foot).

Investing in Lake Elsinore, CA Real Estate

A data-driven snapshot of the Lake Elsinore, 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.

$590,000Median sold price

$282Median $/sqft

3.3%Median cap rate

$-1,522Modeled cash flow / mo

-2.4%Appreciation YoY

9.3Months of supply

600Active listings

775Sold (last 12 mo)

What the Lake Elsinore numbers say

In Lake Elsinore, CA, the median home sold for $590,000 (about $282 per square foot), and the typical deal models out to a 3.3% cap rate with a median $-1,522 of monthly cash flow. Sold prices moved -2.4% over the past year. Inventory sits at about 9.3 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 Lake Elsinore cash-flowing listings

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