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

Myrtletown, CA has a median modeled monthly cash flow of $-1,212 and a median cap rate of 3.0%, on a median sold price of $445,000. Prices changed +0.7% year over year.

What is the average cap rate in Myrtletown, CA?

The median cap rate across recently sold homes in Myrtletown, CA is 3.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Myrtletown, CA?

The median sold price in Myrtletown, CA is $445,000 (about $301 per square foot).

Investing in Myrtletown, CA Real Estate

A data-driven snapshot of the Myrtletown, 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.

$445,000Median sold price

$301Median $/sqft

3.0%Median cap rate

$-1,212Modeled cash flow / mo

+0.7%Appreciation YoY

9.7Months of supply

33Active listings

41Sold (last 12 mo)

What the Myrtletown numbers say

In Myrtletown, CA, the median home sold for $445,000 (about $301 per square foot), and the typical deal models out to a 3.0% cap rate with a median $-1,212 of monthly cash flow. Sold prices moved +0.7% over the past year. Inventory sits at about 9.7 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 Myrtletown cash-flowing listings

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