ZIP CODE 92345 // RIVERSIDE-SAN BERNARDINO-ONTARIO, CA // DATA AS OF 2026-09-30
Hesperia, CA (92345) Rental Property Cap Rate & Cash Flow Report
Located in San Bernardino County (Hesperia, CA), Zip Code 92345 ranks #178 of 500 within this selected sample (65th percentile) with a Zillow ZHVI typical home-value index of $447,288 (+2.2% YoY) and a ZORI observed market rent of $2,075/mo (+0.1% YoY). Requires at least 52.1% down payment at 6.5% interest to reach $0/mo break-even cash flow. This model combines different housing populations; it is not an observed average property return. Costs assume state-average tax, 0.5% annual insurance, 13% reserves and no HOA or management. Figures below follow your edits; this headline describes the original benchmark.
Net Monthly Cash Flow
-$907/mo
Annual: -$10,890/yr
Modeled Cap Rate
3.63%
NOI: $16,251/yr
Cash-on-Cash Return
-10.59%
Cash Needed: $102,876
1% Rule Ratio
0.46%
Gross Yield: 5.57%
Break-Even Rent
$3,118/mo
State Tax: 0.71%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 92345 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (CA Avg 0.71%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$2,262/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$721/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (92345)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2022 | $418,660 | $1,848/mo | 5.30% |
| 2023 | $414,767 | $1,923/mo | 5.56% |
| 2024 | $442,288 | $1,998/mo | 5.42% |
| 2025 | $437,867 | $2,072/mo | 5.68% |
| 2026 | $447,288 | $2,075/mo | 5.57% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 93291 Visalia, CA | $426,473 | $1,983/mo | 3.64% | -$861/mo |
| 95687 Vacaville, CA | $575,148 | $2,652/mo | 3.60% | -$1,181/mo |
| 92376 Rialto, CA | $564,033 | $2,591/mo | 3.59% | -$1,167/mo |
| 90003 Los Angeles, CA | $601,223 | $2,752/mo | 3.57% | -$1,252/mo |
| 92335 Fontana, CA | $563,508 | $2,570/mo | 3.55% | -$1,182/mo |
| 93257 Porterville, CA | $327,265 | $1,475/mo | 3.50% | -$702/mo |