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

Morgan Hill, CA has a median modeled monthly cash flow of $-4,711 and a median cap rate of 1.7%, on a median sold price of $1,277,500. Prices changed +1.0% year over year.

What is the average cap rate in Morgan Hill, CA?

The median cap rate across recently sold homes in Morgan Hill, CA is 1.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Morgan Hill, CA?

The median sold price in Morgan Hill, CA is $1,277,500 (about $621 per square foot).

Investing in Morgan Hill, CA Real Estate

A data-driven snapshot of the Morgan Hill, 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.

$1,277,500Median sold price

$621Median $/sqft

1.7%Median cap rate

$-4,711Modeled cash flow / mo

+1.0%Appreciation YoY

10.3Months of supply

433Active listings

504Sold (last 12 mo)

What the Morgan Hill numbers say

In Morgan Hill, CA, the median home sold for $1,277,500 (about $621 per square foot), and the typical deal models out to a 1.7% cap rate with a median $-4,711 of monthly cash flow. Sold prices moved +1.0% over the past year. Inventory sits at about 10.3 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 Morgan Hill cash-flowing listings

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