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

Shafter, CA has a median modeled monthly cash flow of $-1,036 and a median cap rate of 3.7%, on a median sold price of $425,000. Prices changed -2.1% year over year.

What is the average cap rate in Shafter, CA?

The median cap rate across recently sold homes in Shafter, CA is 3.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Shafter, CA?

The median sold price in Shafter, CA is $425,000 (about $234 per square foot).

Investing in Shafter, CA Real Estate

A data-driven snapshot of the Shafter, 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.

$425,000Median sold price

$234Median $/sqft

3.7%Median cap rate

$-1,036Modeled cash flow / mo

-2.1%Appreciation YoY

16.3Months of supply

252Active listings

185Sold (last 12 mo)

What the Shafter numbers say

In Shafter, CA, the median home sold for $425,000 (about $234 per square foot), and the typical deal models out to a 3.7% cap rate with a median $-1,036 of monthly cash flow. Sold prices moved -2.1% over the past year. Inventory sits at about 16.3 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 Shafter cash-flowing listings

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