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

Nipomo, CA has a median modeled monthly cash flow of $-2,720 and a median cap rate of 2.3%, on a median sold price of $749,500. Prices changed -0.5% year over year.

What is the average cap rate in Nipomo, CA?

The median cap rate across recently sold homes in Nipomo, CA is 2.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Nipomo, CA?

The median sold price in Nipomo, CA is $749,500 (about $460 per square foot).

Investing in Nipomo, CA Real Estate

A data-driven snapshot of the Nipomo, 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.

$749,500Median sold price

$460Median $/sqft

2.3%Median cap rate

$-2,720Modeled cash flow / mo

-0.5%Appreciation YoY

5.3Months of supply

71Active listings

160Sold (last 12 mo)

What the Nipomo numbers say

In Nipomo, CA, the median home sold for $749,500 (about $460 per square foot), and the typical deal models out to a 2.3% cap rate with a median $-2,720 of monthly cash flow. Sold prices moved -0.5% over the past year. Inventory sits at about 5.3 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 Nipomo cash-flowing listings

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