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

Reedley, CA has a median modeled monthly cash flow of $-743 and a median cap rate of 3.8%, on a median sold price of $391,500. Prices changed +2.1% year over year.

What is the average cap rate in Reedley, CA?

The median cap rate across recently sold homes in Reedley, CA is 3.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Reedley, CA?

The median sold price in Reedley, CA is $391,500 (about $238 per square foot).

Investing in Reedley, CA Real Estate

A data-driven snapshot of the Reedley, 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.

$391,500Median sold price

$238Median $/sqft

3.8%Median cap rate

$-743Modeled cash flow / mo

+2.1%Appreciation YoY

5.6Months of supply

55Active listings

118Sold (last 12 mo)

What the Reedley numbers say

In Reedley, CA, the median home sold for $391,500 (about $238 per square foot), and the typical deal models out to a 3.8% cap rate with a median $-743 of monthly cash flow. Sold prices moved +2.1% over the past year. Inventory sits at about 5.6 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 Reedley cash-flowing listings

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