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

Lemon Grove, CA has a median modeled monthly cash flow of $-2,034 and a median cap rate of 2.9%, on a median sold price of $760,000. Prices changed -4.8% year over year.

What is the average cap rate in Lemon Grove, CA?

The median cap rate across recently sold homes in Lemon Grove, CA is 2.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Lemon Grove, CA?

The median sold price in Lemon Grove, CA is $760,000 (about $510 per square foot).

Investing in Lemon Grove, CA Real Estate

A data-driven snapshot of the Lemon Grove, 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.

$760,000Median sold price

$510Median $/sqft

2.9%Median cap rate

$-2,034Modeled cash flow / mo

-4.8%Appreciation YoY

5.4Months of supply

83Active listings

183Sold (last 12 mo)

What the Lemon Grove numbers say

In Lemon Grove, CA, the median home sold for $760,000 (about $510 per square foot), and the typical deal models out to a 2.9% cap rate with a median $-2,034 of monthly cash flow. Sold prices moved -4.8% over the past year. Inventory sits at about 5.4 months of supply. 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 Lemon Grove cash-flowing listings

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