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

Patterson, CA has a median modeled monthly cash flow of $-1,157 and a median cap rate of 3.5%, on a median sold price of $499,000. Prices changed -4.8% year over year.

What is the average cap rate in Patterson, CA?

The median cap rate across recently sold homes in Patterson, CA is 3.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Patterson, CA?

The median sold price in Patterson, CA is $499,000 (about $247 per square foot).

Investing in Patterson, CA Real Estate

A data-driven snapshot of the Patterson, 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.

$499,000Median sold price

$247Median $/sqft

3.5%Median cap rate

$-1,157Modeled cash flow / mo

-4.8%Appreciation YoY

6.6Months of supply

109Active listings

199Sold (last 12 mo)

What the Patterson numbers say

In Patterson, CA, the median home sold for $499,000 (about $247 per square foot), and the typical deal models out to a 3.5% cap rate with a median $-1,157 of monthly cash flow. Sold prices moved -4.8% over the past year. Inventory sits at about 6.6 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 Patterson cash-flowing listings

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