ZIP CODE 92404 // RIVERSIDE-SAN BERNARDINO-ONTARIO, CA // DATA AS OF 2026-09-30
San Bernardino, CA (92404) Rental Property Cap Rate & Cash Flow Report
Located in San Bernardino County (San Bernardino, CA), Zip Code 92404 ranks #341 of 500 within this selected sample (32th percentile) with a Zillow ZHVI typical home-value index of $484,999 (+2.8% YoY) and a ZORI observed market rent of $1,791/mo (+2.7% YoY). Requires at least 65.1% 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
-$1,383/mo
Annual: -$16,599/yr
Modeled Cap Rate
2.65%
NOI: $12,830/yr
Cash-on-Cash Return
-14.88%
Cash Needed: $111,550
1% Rule Ratio
0.37%
Gross Yield: 4.43%
Break-Even Rent
$3,381/mo
State Tax: 0.71%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 92404 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (CA Avg 0.71%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$2,452/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$722/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (92404)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2023 | $444,967 | $1,639/mo | 4.42% |
| 2024 | $475,406 | $1,624/mo | 4.10% |
| 2025 | $471,711 | $1,745/mo | 4.44% |
| 2026 | $484,999 | $1,791/mo | 4.43% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 92880 Eastvale, CA | $931,520 | $3,436/mo | 2.64% | -$2,660/mo |
| 90037 Los Angeles, CA | $660,076 | $2,434/mo | 2.64% | -$1,886/mo |
| 92882 Corona, CA | $769,503 | $2,833/mo | 2.63% | -$2,202/mo |
| 92562 Murrieta, CA | $682,664 | $2,535/mo | 2.67% | -$1,935/mo |
| 91702 Azusa, CA | $706,003 | $2,625/mo | 2.67% | -$1,998/mo |
| 91343 Los Angeles, CA | $863,797 | $3,129/mo | 2.57% | -$2,517/mo |