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Cap Rate Analysis: Visalia, CA

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

Challenging for pure cash flow
Based on $320,000 median price and $1,480/mo median rent
Est. Cap Rate
3.69%
1% Rule
0.46%
Fails
GRM
18.0x
Price / Income
6.1x

Market Data

Median Home Price$320,000
Median Monthly Rent$1,480
Property Tax Rate0.74%
Population145,000
Population Growth0.7% / yr
Median Household Income$52,400
Vacancy Rate5.8%
Annual Appreciation2.5%

Cap Rate Calculator — Visalia

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

Property Details
$
$
3–8% typical
%
Monthly Expenses
0.74% rate
$
$
8–10% of rent
$
8–12% of rent
$
Cap Rate
3.09%Low
Net Operating Income ÷ Purchase Price
NOI / Year
$9,890
net operating income
Gross Rent Multiplier
18.0x
High (>15)
1% Rule
0.46%
✗ Fails
Monthly Cash Flow
$824
before debt service
Annual Breakdown
Gross Rental Income$17,760
Less Vacancy−$1,030
Effective Income$16,730
Less Operating Expenses−$6,840
Net Operating Income$9,890

Cash-on-Cash Return — Visalia

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

$
$80,000
%
%
years
$
taxes + ins + maint + mgmt
$
$
Cash-on-Cash Return
-9.46%Weak
Annual Cash Flow ÷ Total Cash Invested
Total Cash Invested
$89,600
$80,000 down + $9,600 closing
Monthly Mortgage
$1,565
on $240K loan
Monthly Cash Flow
$-707
after all expenses
Annual Cash Flow
$-8,479
before taxes
Cash Flow Breakdown
Monthly Rent$1,480
Less Expenses−$622
Less Mortgage−$1,565
Monthly Cash Flow$-707

Is Visalia a Good Place to Invest in Rental Property?

Visalia, CA has a population of 145,000 and has been growing at 0.7% annually — roughly in line with national trends, meaning demand is stable but not exceptional. The median home price of $320,000 paired with median rents of $1,480/mo produces an estimated cap rate of 3.69%.

Property taxes at 0.74% are well below the national average of ~1.1%, providing a meaningful cash flow advantage many investors overlook. The vacancy rate of 5.8% is moderate and within normal parameters for a healthy rental market.

At a price-to-income ratio of 6.1x, homes cost about 6.1 times the local median income of $52,400. This elevated ratio means homeownership is stretched, supporting rental demand but limiting buyer pools. Home values have appreciated at roughly 2.5% 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, Visalia 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.

Run a BRRRR analysis for Visalia
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