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

Santa Ana, CA has a median modeled monthly cash flow of $-2,244 and a median cap rate of 2.6%, on a median sold price of $835,000. Prices changed -0.3% year over year.

What is the average cap rate in Santa Ana, CA?

The median cap rate across recently sold homes in Santa Ana, CA is 2.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Santa Ana, CA?

The median sold price in Santa Ana, CA is $835,000 (about $582 per square foot).

Investing in Santa Ana, CA Real Estate

A data-driven snapshot of the Santa Ana, 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.

$835,000Median sold price

$582Median $/sqft

2.6%Median cap rate

$-2,244Modeled cash flow / mo

-0.3%Appreciation YoY

11.4Months of supply

854Active listings

902Sold (last 12 mo)

What the Santa Ana numbers say

In Santa Ana, CA, the median home sold for $835,000 (about $582 per square foot), and the typical deal models out to a 2.6% cap rate with a median $-2,244 of monthly cash flow. Sold prices moved -0.3% over the past year. Inventory sits at about 11.4 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.

🔨 See 5 fix-and-flip deals in Santa Ana — listings where the estimated after-repair value beats list price + rehab.

Other California markets to compare

See Santa Ana cash-flowing listings

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