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

Redwood City, CA has a median modeled monthly cash flow of $-6,800 and a median cap rate of 1.4%, on a median sold price of $1,980,000. Prices changed +3.7% year over year.

What is the average cap rate in Redwood City, CA?

The median cap rate across recently sold homes in Redwood City, CA is 1.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Redwood City, CA?

The median sold price in Redwood City, CA is $1,980,000 (about $1,154 per square foot).

Investing in Redwood City, CA Real Estate

A data-driven snapshot of the Redwood City, 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.

$1,980,000Median sold price

$1,154Median $/sqft

1.4%Median cap rate

$-6,800Modeled cash flow / mo

+3.7%Appreciation YoY

6.7Months of supply

327Active listings

583Sold (last 12 mo)

What the Redwood City numbers say

In Redwood City, CA, the median home sold for $1,980,000 (about $1,154 per square foot), and the typical deal models out to a 1.4% cap rate with a median $-6,800 of monthly cash flow. Sold prices moved +3.7% over the past year. Inventory sits at about 6.7 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 Redwood City cash-flowing listings

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