Real Estate Investing in Hinkley, California (92347)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 92347 (Hinkley, CA)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 32.1% of homes vacant — above national norms.
- Declining values: -5.1% 5-year CAGR — values have moved lower.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Hinkley, CA (92347)?
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Market Analysis: 92347 Hinkley
The 92347 postal area feels like a middle-of-the-road market for Hinkley. Homes trade near $150K, rents pull $1,872/mo, and volatility is notably absent.
A 0.0% cap rate, 0.0% annual growth, and $150K entry point describe a market that earns its returns slowly and steadily.
Regionally, 92347 is a useful anchor. It does not move the weighted-average for a portfolio much, but it rarely drags it down either.
The 33% renter share in 92347 sits close to the San Bernardino County average. That alignment with regional norms is a feature for investors pricing risk.
Operators who want a low-touch, long-hold rental inside Hinkley should take 92347 seriously. Neither the rent nor the price is going to surprise anyone, and that is precisely the point.
Here's what matters if you're considering buying a home in Hinkley:
Market Trends
Home Value History (with trend line)
📊 How Does 92347 Compare?
| Metric | 92347 | Hinkley | Riverside-San Bernardino-Ontario, CA | California |
|---|---|---|---|---|
| Home Value | $150,217 | $150,217 | N/A | $761,003 |
| 5-Year CAGR | N/A | N/A | N/A | 5.7% |
| Avg Rent | $1,872 | $1,872 | N/A | - |
| Cap Rate | 9.7% | 9.7% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 92347 (Hinkley, CA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $150,217 |
| Monthly Rent | $1,872 |
| Price-to-Rent | 6.7:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 15.0% |
| Cap Rate | 9.7% |
| 5-Year IRR | 4.7% |
📈 Home Appreciation
| 1-Year | +4.6% ▲ |
| 3-Year CAGR | +1.9% ▲ |
| 5-Year CAGR | -5.1% ▼ |
| 10-Year CAGR | +0.8% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The estimated cap rate (9.7%) exceeds the current 30-yr mortgage rate (6.8%). When borrowing costs less than a property yields, leverage can increase your cash-on-cash return above the cap rate.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 92347
Population: 630
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Nearby Colleges & Universities
Investor Insight: With 2,311 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Are homes affordable in Hinkley, CA?
Expect median prices around $150K in Hinkley, CA. The market has run at a 0.0% 5-year CAGR, so entry costs have been steady.
Is Hinkley, CA a smart market for rental property?
Yes - Hinkley, CA a 4.0/5 investability score. With $150K home prices against $1,872/mo monthly rent, the market delivers a reasonable entry point for new investors.
Which investment style suits Hinkley, CA?
In Hinkley, CA the significant play is typically steady buy-and-hold investing. The combination of $150K prices and $1,872/mo rents suits that approach.
How do landlord-tenant laws work in Hinkley, CA?
The landlord environment in Hinkley, CA is tenant-protective. Statewide rules shape most day-to-day operations for rental owners.
Does house hacking make sense in Hinkley, CA?
For house hackers, Hinkley, CA is an attractive. The $1,872/mo rent on a unit helps defray the mortgage on a $150K property.
You know 92347 now. You don’t know where it ranks.
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How 92347 ranks in Riverside-San Bernardino-Ontario, CA
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