Real Estate Investing in San Bernardino, California (92407)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 92407 (San Bernardino, CA)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in San Bernardino, CA (92407)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 92407 San Bernardino
ZIP 92407 in San Bernardino, CA carries a solid set of headwinds. Home values near $547K and rents of $2,126/mo sit inside a market where underwriting has to be tight.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 92407 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Within CA, ZIP 92407 trails on several market indicators that neighboring San Bernardino County submarkets outperform. The gap is real and robust enough to shape underwriting.
Employment concentration in 92407 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Strategically, 92407 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in San Bernardino:
Property Strategy for 92407
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $221,619 | $1,910 | 6.2% | +10.9% | $221,619 |
| 2BR | $381,472 | $2,370 | 4.5% | +9.7% | $190,736 |
| 3BR | $519,609 | $3,140 | 4.4% | +8.0% | $173,203 |
| 4BR | $611,057 | $3,780 | 4.5% | +7.7% | $152,764 |
| 5BR | $746,027 | — | — | +7.3% | $149,205 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 92407 Compare?
| Metric | 92407 | San Bernardino | Riverside-San Bernardino-Ontario, CA | California |
|---|---|---|---|---|
| Home Value | $546,953 | $403,902 | N/A | $761,003 |
| 5-Year CAGR | 4.8% | 5.5% | N/A | 5.7% |
| Avg Rent | $2,126 | $2,149 | N/A | - |
| Cap Rate | 3.0% | 3.7% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 92407 (San Bernardino, CA). Anonymous, moderated, never written by AI.
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Property managers serving San Bernardino County
Manage rentals here? List your business →Encore Property Management's homepage text is minimal, but the domain name strongly suggests property management services. summary from their website
Incline Consultants specializes in HOA and Condominium Management, offering services for community associations. summary from their website
J&C Real Estate's homepage text is minimal, focusing on CSS and layout, and does not provide sufficient information to confirm property management services. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $546,953 |
| Monthly Rent | $2,126 |
| Price-to-Rent | 21.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.7% |
| Cap Rate | 3.0% |
| 5-Year IRR | 7.8% |
📈 Home Appreciation
| 1-Year | +1.4% ▲ |
| 3-Year CAGR | +2.9% ▲ |
| 5-Year CAGR | +4.8% ▲ |
| 10-Year CAGR | +7.5% ▲ |
🏠 Rent Trends
| 1-Year | -1.3% ▼ |
| 3-Year CAGR | +1.4% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.0%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 92407
Population: 69,191
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
🎓 Schools in 92407
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 19,070 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is housing expensive in San Bernardino, CA?
Expect median prices around $547K in San Bernardino, CA. The market has run at a 0.0% 5-year CAGR, so entry costs have been stable.
What are rental rates like in San Bernardino, CA?
Rents in San Bernardino, CA run near $2,126/mo. Compared with median home prices of $547K that produces solid gross yields for typical rentals.
Are renters plentiful in San Bernardino, CA?
The tenant pool in San Bernardino, CA is solid, supported by local employment and population fundamentals. Rents of $2,126/mo are well-absorbed by the market.
Does house hacking make sense in San Bernardino, CA?
For house hackers, San Bernardino, CA is a challenging. The $2,126/mo rent on a unit helps defray the mortgage on a $547K property.
Is San Bernardino, CA good for landlords?
Rental owners in San Bernardino, CA deal with a tenant-protective legal framework. Most standard eviction processes run on reasonable timelines.
You know 92407 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 92407 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 92407 ranks in Riverside-San Bernardino-Ontario, CA
Every ZIP in this metro, ranked. Free.
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