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

Penryn, CA has a median modeled monthly cash flow of $-6,388 and a median cap rate of 0.5%, on a median sold price of $980,000. Prices changed +12.0% year over year.

What is the average cap rate in Penryn, CA?

The median cap rate across recently sold homes in Penryn, CA is 0.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Penryn, CA?

The median sold price in Penryn, CA is $980,000 (about $468 per square foot).

Investing in Penryn, CA Real Estate

A data-driven snapshot of the Penryn, 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.

$980,000Median sold price

$468Median $/sqft

0.6%Median cap rate

$-6,388Modeled cash flow / mo

+12.0%Appreciation YoY

7.0Months of supply

29Active listings

50Sold (last 12 mo)

What the Penryn numbers say

In Penryn, CA, the median home sold for $980,000 (about $468 per square foot), and the typical deal models out to a 0.6% cap rate with a median $-6,388 of monthly cash flow. Sold prices moved +12.0% over the past year. Inventory sits at about 7.0 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 Penryn cash-flowing listings

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