Real Estate Investing in Dana Point, California (92624)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 92624 (Dana Point, CA)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 17.4% of homes vacant — above national norms.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- High price-to-rent: Price-to-rent ratio 28.0 — hard to cash-flow at these prices.
What’s happening in Dana Point, CA (92624)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 92624 Dana Point
The 92624 ZIP in Dana Point, CA is a local-operator market. Outside capital chasing a $1.7M entry has to pair deep knowledge with the discount.
Meanwhile, the numbers look inviting — $1.7M purchase price, 0.0% nominal cap — the work to hit that pro forma in 92624 is substantial and deserves full respect.
Regionally, 92624 sits on the difficult end of the CA spectrum. The a solid fit for read — for disciplined operators — is that pricing reflects the difficulty.
A impressive renter share of 40% in 92624 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
seems to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Dana Point:
Property Strategy for 92624
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $1,209,151 | $3,600 | 2.1% | +8.6% | $604,576 |
| 3BR | $1,521,627 | $4,890 | 2.3% | +10.5% | $507,209 |
| 4BR | $2,020,283 | $5,840 | 2.1% | +10.0% | $505,071 |
| 5BR | $2,854,405 | — | — | +9.0% | $570,881 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 92624 Compare?
| Metric | 92624 | Dana Point | Los Angeles-Long Beach-Anaheim, CA | California |
|---|---|---|---|---|
| Home Value | $1,702,012 | $1,735,334 | N/A | $761,003 |
| 5-Year CAGR | 7.7% | 8.0% | N/A | 5.7% |
| Avg Rent | $5,074 | $4,708 | N/A | - |
| Cap Rate | 2.3% | 2.1% | - | - |
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 92624 (Dana Point, CA). Anonymous, moderated, never written by AI.
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Property managers serving Orange County
Manage rentals here? List your business →Action Property Management is an HOA management company serving various community types including large scale, high rise, new development, condos, and hotel residential. summary from their website
Affinity Property Management, Inc. provides world-class service in property management, adapting to client needs and offering solutions for owners and tenants. summary from their website
Aperto Property Management, Inc. aims to maximize real estate asset value and achieve investment goals through vision, professionalism, and personal service. 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 | $1,702,012 |
| Monthly Rent | $5,074 |
| Price-to-Rent | 28.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.6% |
| Cap Rate | 2.3% |
| 5-Year IRR | 10.0% |
📈 Home Appreciation
| 1-Year | +5.9% ▲ |
| 3-Year CAGR | +5.6% ▲ |
| 5-Year CAGR | +7.7% ▲ |
| 10-Year CAGR | +8.0% ▲ |
🏠 Rent Trends
| 1-Year | -13.7% ▼ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.3%). 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 92624
Population: 6,685
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 92624
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
OCASA College Prep
Capistrano Union High
Del Obispo Elementary
Harold Ambuehl Elementary
Opportunities for Learning - Capistrano
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 11,885 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the typical vacancy rate in Dana Point, CA?
Expect elevated vacancy in Dana Point, CA. Rents at $5,074/mo are absorbed by the tenant base without meaningful lag.
Is house hacking profitable in Dana Point, CA?
For house hackers, Dana Point, CA is a tougher. The $5,074/mo rent on a unit helps defray the mortgage on a $1.7M property.
Are tenants stable in Dana Point, CA?
The tenant pool in Dana Point, CA is solid, supported by local employment and population fundamentals. Rents of $5,074/mo are well-absorbed by the market.
How much do tenants pay in Dana Point, CA?
Investors in Dana Point, CA typically see rents near $5,074/mo per month against $1.7M home values - a solid setup for rental cash flow.
Are homes affordable in Dana Point, CA?
Typical homes in Dana Point, CA go for around $1.7M. The 5-year CAGR of 0.0% consistent price movement.
You know 92624 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 92624 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 92624 ranks in Los Angeles-Long Beach-Anaheim, CA
Every ZIP in this metro, ranked. Free.
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