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

Morongo Valley, CA has a median modeled monthly cash flow of $-675 and a median cap rate of 4.1%, on a median sold price of $329,000. Prices changed -2.4% year over year.

What is the average cap rate in Morongo Valley, CA?

The median cap rate across recently sold homes in Morongo Valley, CA is 4.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Morongo Valley, CA?

The median sold price in Morongo Valley, CA is $329,000 (about $261 per square foot).

Investing in Morongo Valley, CA Real Estate

A data-driven snapshot of the Morongo Valley, 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.

$329,000Median sold price

$261Median $/sqft

4.1%Median cap rate

$-675Modeled cash flow / mo

-2.4%Appreciation YoY

7.0Months of supply

52Active listings

89Sold (last 12 mo)

What the Morongo Valley numbers say

In Morongo Valley, CA, the median home sold for $329,000 (about $261 per square foot), and the typical deal models out to a 4.1% cap rate with a median $-675 of monthly cash flow. Sold prices moved -2.4% over the past year. Inventory sits at about 7.0 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 Morongo Valley cash-flowing listings

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