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

Myrtletown, CA has a median modeled monthly cash flow of $-1,233 and a median cap rate of 2.8%, on a median sold price of $432,500. Prices changed +1.3% year over year.

What is the average cap rate in Myrtletown, CA?

The median cap rate across recently sold homes in Myrtletown, CA is 2.8%, 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 $432,500 (about $303 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.

$432,500Median sold price

$303Median $/sqft

2.8%Median cap rate

$-1,233Modeled cash flow / mo

+1.3%Appreciation YoY

6.3Months of supply

22Active listings

42Sold (last 12 mo)

What the Myrtletown numbers say

In Myrtletown, CA, the median home sold for $432,500 (about $303 per square foot), and the typical deal models out to a 2.8% cap rate with a median $-1,233 of monthly cash flow. Sold prices moved +1.3% over the past year. Inventory sits at about 6.3 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 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.