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Cap Rate Analysis: Red Bluff, CA

Investment metrics, interactive calculators, and data-driven analysis for Red Bluff rental properties.

Market data powered by Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) · Updated Feb 2026

Challenging for pure cash flow
Based on $315,000 median price and $1,320/mo median rent
Est. Cap Rate
3.22%
1% Rule
0.42%
Fails
GRM
19.9x
Price / Income
5.2x

Market Data

Median Home Price$315,000
Median Monthly Rent$1,320
Property Tax Rate0.75%
Population50,000
Population Growth0.8% / yr
Median Household Income$60,018
Vacancy Rate5.2%
Annual Appreciation2.8%

Cap Rate Calculator — Red Bluff

Pre-filled with Red Bluff medians. Adjust to match a specific property.

Property Details
$
$
3–8% typical
%
Monthly Expenses
0.75% rate
$
$
8–10% of rent
$
8–12% of rent
$
Cap Rate
2.71%Low
Net Operating Income ÷ Purchase Price
NOI / Year
$8,536
net operating income
Gross Rent Multiplier
19.9x
High (>15)
1% Rule
0.42%
✗ Fails
Monthly Cash Flow
$711
before debt service
Annual Breakdown
Gross Rental Income$15,840
Less Vacancy−$824
Effective Income$15,016
Less Operating Expenses−$6,480
Net Operating Income$8,536
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Cash-on-Cash Return — Red Bluff

Factor in financing to see your actual return on invested capital in Red Bluff.

$
$78,750
%
%
years
$
taxes + ins + maint + mgmt
$
$
Cash-on-Cash Return
-10.53%Weak
Annual Cash Flow ÷ Total Cash Invested
Total Cash Invested
$88,200
$78,750 down + $9,450 closing
Monthly Mortgage
$1,540
on $236K loan
Monthly Cash Flow
$-774
after all expenses
Annual Cash Flow
$-9,290
before taxes
Cash Flow Breakdown
Monthly Rent$1,320
Less Expenses−$554
Less Mortgage−$1,540
Monthly Cash Flow$-774

Is Red Bluff a Good Place to Invest in Rental Property?

Red Bluff, CA has a population of 50,000 and has been growing at 0.8% annually — roughly in line with national trends, meaning demand is stable but not exceptional. The median home price of $315,000 paired with median rents of $1,320/mo produces an estimated cap rate of 3.22%.

Property taxes at 0.75% are well below the national average of ~1.1%, providing a meaningful cash flow advantage many investors overlook. The vacancy rate of 5.2% is moderate and within normal parameters for a healthy rental market.

At a price-to-income ratio of 5.2x, homes cost about 5.2 times the local median income of $60,018. This moderate ratio indicates a balanced rent-vs-buy market. Home values have appreciated at roughly 2.8% annually. Steady appreciation means total returns will be primarily cash flow-driven — the more sustainable model for long-term wealth building.

Bottom line: At current median prices, Red Bluff is challenging for pure cash flow investing. Consider BRRRR strategies with below-market purchases, or look at neighboring metros with stronger price-to-rent ratios.

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