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

Running Springs, CA has a median modeled monthly cash flow of $-783 and a median cap rate of 3.8%, on a median sold price of $350,000. Prices changed -2.4% year over year.

What is the average cap rate in Running Springs, CA?

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

What is the median home price in Running Springs, CA?

The median sold price in Running Springs, CA is $350,000 (about $288 per square foot).

Investing in Running Springs, CA Real Estate

A data-driven snapshot of the Running Springs, 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

$288Median $/sqft

3.8%Median cap rate

$-783Modeled cash flow / mo

-2.4%Appreciation YoY

14.2Months of supply

230Active listings

194Sold (last 12 mo)

What the Running Springs numbers say

In Running Springs, CA, the median home sold for $350,000 (about $288 per square foot), and the typical deal models out to a 3.8% cap rate with a median $-783 of monthly cash flow. Sold prices moved -2.4% over the past year. Inventory sits at about 14.2 months of supply — a looser, buyer-friendly market. 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 Running Springs cash-flowing listings

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