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

Porterville, CA has a median modeled monthly cash flow of $-1,142 and a median cap rate of 2.7%, on a median sold price of $350,000. Prices changed +2.9% year over year.

What is the average cap rate in Porterville, CA?

The median cap rate across recently sold homes in Porterville, CA is 2.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Porterville, CA?

The median sold price in Porterville, CA is $350,000 (about $229 per square foot).

Investing in Porterville, CA Real Estate

A data-driven snapshot of the Porterville, 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.

$350,000Median sold price

$229Median $/sqft

2.7%Median cap rate

$-1,142Modeled cash flow / mo

+2.9%Appreciation YoY

6.8Months of supply

243Active listings

426Sold (last 12 mo)

What the Porterville numbers say

In Porterville, CA, the median home sold for $350,000 (about $229 per square foot), and the typical deal models out to a 2.7% cap rate with a median $-1,142 of monthly cash flow. Sold prices moved +2.9% over the past year. Inventory sits at about 6.8 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 Porterville cash-flowing listings

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