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

Myrtletown, CA has a median modeled monthly cash flow of $-1,537 and a median cap rate of 2.7%, on a median sold price of $465,000. Prices changed +1.6% year over year.

What is the average cap rate in Myrtletown, CA?

The median cap rate across recently sold homes in Myrtletown, CA is 2.7%, 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 $465,000 (about $310 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.

$465,000Median sold price

$310Median $/sqft

2.7%Median cap rate

$-1,537Modeled cash flow / mo

+1.6%Appreciation YoY

3.8Months of supply

19Active listings

60Sold (last 12 mo)

What the Myrtletown numbers say

In Myrtletown, CA, the median home sold for $465,000 (about $310 per square foot), and the typical deal models out to a 2.7% cap rate with a median $-1,537 of monthly cash flow. Sold prices moved +1.6% over the past year. Inventory sits at about 3.8 months of supply — a tight, seller-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.