Best ZIP Codes for Cash Flow in Bakersfield, CA (2026)

Ranked by cap rate — the annual return on the purchase price before financing. ZIPs that also clear the 1% rule are marked.

# ZIP City Home value Rent Cap rate 5-yr growth
1 93252 1% rule Maricopa, CA $181,511 $2,187 9.40% 2.7%
2 93516 1% rule Boron, CA $161,790 $1,872 9.03% 4.9%
3 93523 Edwards, CA $206,596 $1,998 7.54% 6.5%
4 93263 Shafter, CA $386,466 $2,640 5.33% 5.1%
5 93505 California City, CA $274,717 $1,756 4.99% 4.5%
6 93222 Pine Mountain Club, CA $381,135 $2,400 4.91% 1.8%
7 93268 Taft, CA $209,086 $1,240 4.62% 5.1%
8 93205 Bodfish, CA $191,184 $1,125 4.59% 4.0%
9 93225 Frazier Park, CA $325,449 $1,900 4.55% 3.5%
10 93313 Bakersfield, CA $417,522 $2,385 4.46% 4.9%
11 93283 Weldon, CA $201,411 $1,125 4.36% 3.3%
12 93307 Bakersfield, CA $319,614 $1,772 4.32% 6.4%
13 93240 Lake Isabella, CA $217,812 $1,188 4.25% 3.3%
14 93312 Bakersfield, CA $459,894 $2,444 4.15% 4.3%
15 93305 La Cresta - Altavista, CA $271,797 $1,438 4.13% 5.7%
16 93560 Rosamond, CA $411,329 $2,172 4.12% 4.1%
17 93501 Mojave, CA $237,129 $1,251 4.11% 4.7%
18 93285 Wofford Heights, CA $229,206 $1,188 4.04% 1.4%
19 93518 Caliente, CA $304,552 $1,530 3.92% 1.8%
20 93243 Frazier Park, CA $373,814 $1,863 3.89% 1.5%
21 93306 Bakersfield, CA $351,611 $1,736 3.85% 5.4%
22 93304 Bakersfield, CA $296,306 $1,443 3.80% 6.3%
23 93206 Buttonwillow, CA $237,033 $1,152 3.79% 3.7%
24 93561 Tehachapi, CA $427,578 $2,078 3.79% 3.6%
25 93309 Bakersfield, CA $349,599 $1,631 3.64% 5.4%

Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →