Delano, CA — Rental Investment Analysis

🔴WEAKappreciation play only

Cap Rate

3.1%

Below average

Monthly Cash Flow

-$921

After all expenses

Price-to-Rent

17.2

Overpriced for rent

DSCR

0.48

Fails

📊 Key Metrics

Median Home Price
$333,851
Average Rent (3BR)
$1,620/mo
Price-to-Rent Ratio
17.2(high)
1% Rule
0.49%(fails — need 1%+)
Cash-on-Cash Return
-14.4%
Vacancy Rate
8.0%

📈 Market Strength

Unemployment Rate
5.3%(+1% vs national)
Rent Growth (YoY)
+2.9%(national avg)
Population Growth
-1.2% YoY

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

Customize these numbers →

Property Tax Rate

0.71%

of assessed value (CA avg)

Median Income

$84,097

household (CA avg)

Rent-to-Income

23.1%

Affordable

Section 8 Max Rent

$1,620/mo

3BR voucher payment

🏛️ CA Investor Climate

Landlord Friendly

3/10

State Income Tax

Has state tax

Property Tax

0.71% effective

Population Trend

-1.2% (3yr)

🏘️ Best Zip Codes in Delano for Investors

93215
Cap Rate: 3.1%Cash Flow: -$921/mo$333,851
93215
Cap Rate: 3.1%Cash Flow: -$921/mo$333,851

All Zip Codes in Delano

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
932153.1%-$921$333,851$1,620/mo0.48
932153.1%-$921$333,851$1,620/mo0.48