Real Estate Investing in Midway City, California (92655)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Orange • Population: 8,101 • Data updated: September 2026

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Should you buy in 92655 (Midway City, CA)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (42/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
3 flags
  • Elevated vacancy: 8.3% vacancy may signal weakening demand.
  • Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
  • High price-to-rent: Price-to-rent ratio 38.1 — hard to cash-flow at these prices.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Midway City, CA (92655)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $1,077,075
Avg Monthly Rent $2,358
1% Rule ✗ Does Not Meet
Median Income $61,991
% Renters 69.9%

Market Analysis: 92655 Midway City

Put differently, ZIP 92655 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $1.1M median. It rewards specialists, not generalists.

The investment case in 92655 is healthy only for operators who understand what they are buying. A $1.1M median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.

Statewide comparisons place 92655 among CA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.

Resident income in 92655 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.

trends toward 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.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Midway City:

C Below Average
Buy Confidence Score: 54/100
Affordability
0/25
Appreciation
22/25
Stability
9/20
Timing
8/15
Rental backup
15/15
Affordability
Expensive
Homes cost 17.4× the median income
Value Trend
Rising (+7.0%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $2,358/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.
🏠

Property Strategy for 92655

Which property type performs best in this market?

Best for Cash Flow
4BR
2.7% cap rate
Best for Appreciation
5BR
+7.5% 5yr CAGR
Best Overall Value
5BR
$248,669/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $725,211 $2,620 2.6% +7.4% $362,606
3BR $980,415 $3,540 2.6% +6.7% $326,805
4BR $1,122,960 $4,230 2.7% +7.3% $280,740
5BR $1,243,344 +7.5% $248,669

Market Trends

Home Value History (with trend line)

$1.1M$964K$791K$619K$446K$273KJul 2006Jul 2016Jul 2026

📊 How Does 92655 Compare?

Metric 92655 Midway City California
Home Value $1,077,075 $1,077,075 $761,003
5-Year CAGR 6.3% 6.3% 5.7%
Avg Rent $2,358 $2,358 -
Cap Rate 1.7% 1.7% -
💡 Why Invest in 92655? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

70% of households rent in this area, creating consistent tenant demand for landlords.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 92655 (Midway City, 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

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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

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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

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Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Investability
Good
Cap Rate
1.7%
Low
5yr Growth
+6.3%
Strong

📊 Market Snapshot

Home Value $1,077,075
Monthly Rent $2,358
Price-to-Rent 38.1:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 2.6%
Cap Rate 1.7%
5-Year IRR 8.0%

📈 Home Appreciation

1-Year +7.0% ▲
3-Year CAGR +6.1% ▲
5-Year CAGR +6.3% ▲
10-Year CAGR +7.6% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 1.7%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (1.7%). 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.

Vacancy
8.3%
Moderate risk
Landlord Climate
1.0/5
Protective
Value Trend (5yr)
+6.3%
Growing
Eviction process: Very Slow Rent control: Unfavorable

Demographics in 92655

Population: 8,101

💰 Median Household Income
$61,991
This area
$61,991
State
$94,164
USA
$74,580
🏠 Renter Occupied
69.9%
This area
69.9%
State
39.3%
USA
34.0%
💼 Unemployment Rate
5.0%
This area
5.0%
State
-16.6%
USA
3.7%
🎓 College Educated
19.7%
This area
19.7%
State
7.7%
USA
33.7%
👤 Median Age
40.5 years
This area
40.5 years
State
9.6 years
USA
38.9 years
🏚️ Vacancy Rate
8.3%
This area
8.3%
State
15.3%
USA
10.5%
👥 Population by Ethnicity
Asian 43.9%
Other/Mixed 28.8%
Hispanic/Latino 27.2%
White 26.4%
Black/African American 0.9%
👶 Under 18
21.4%
This area
21.4%
USA
22.0%
👴 65 and Over
15.1%
This area
15.1%
USA
17.3%
📊 Poverty Rate
12.4%
This area
12.4%
USA
11.5%

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 92655

B Avg School Grade
2 Schools
23.1:1 Avg Class Size
$19,817 Avg Per Pupil

Schools in This ZIP Code

B Good

Demille Elementary

📚 K – 06 School
👥
535 Students
👨‍🏫
22.3:1 Class Size
💰
$19,817 Per Student
B Good

Jessie Hayden Elementary

📚 K – 05 Elementary
👥
552 Students
👨‍🏫
24.0:1 Class Size
💰
$19,817 Per Student

Nearby Schools (5 more)

Schools in adjacent ZIP codes that may serve this area

A Very Good

Spring View Middle

📚 06 – 08 Middle
📍 16662 Trudy Ln., Huntington Beach
👥
366 Students
👨‍🏫
17.6:1 Class Size
💰
$20,198 Per Student
B+ Above Average

Marie L. Hare High

📚 07 – 12 High School
📍 12012 Magnolia St., Garden Grove
👥
207 Students
👨‍🏫
13.7:1 Class Size
💰
$18,600 Per Student
B+ Above Average

Anderson Elementary

📚 K – 06 School
📍 8902 Hewitt Pl., Garden Grove
👥
470 Students
👨‍🏫
21.4:1 Class Size
💰
$19,817 Per Student
B+ Above Average

Finley Elementary

📚 K – 05 Elementary
📍 13521 Edwards St., Westminster
👥
323 Students
👨‍🏫
21.5:1 Class Size
💰
$19,817 Per Student
B+ Above Average

John Marshall Elementary

📚 K – 06 School
📍 15791 Bushard St., Westminster
👥
337 Students
👨‍🏫
19.8:1 Class Size
💰
$18,600 Per Student
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

8 Nearby 3,004 Off-Campus Students
C
Asian-American International Beauty College
413 students · 1.0 mi
C
Golden West College
10,433 students · 1.3 mi
C
Advance Beauty College
448 students · 2.2 mi
C
Concorde Career College-Garden Grove
202 students · 3.5 mi
C
Career Academy of Beauty
207 students · 3.5 mi
C
Haven University
95 students · 3.5 mi
C
CalCopa Massage School
19 students · 3.7 mi
D
CRU Institute of Cosmetology and Barbering
129 students · 3.9 mi

Investor Insight: With 3,004 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

How quickly do rentals get leased in Midway City, CA?

Midway City, CA carries elevated vacancy risk. Expect even-keeled absorption at market rents of $2,358/mo.

What do rentals go for in Midway City, CA?

Rental rates in Midway City, CA average $2,358/mo. Tenant demand and $1.1M home values make the yield look reasonable by investor standards.

What is the renter demographic in Midway City, CA?

Midway City, CA offers a stable renter base at the $2,358/mo rent level. Tenant turnover is reasonable for well-managed properties.

Is Midway City, CA a friendly market for rental owners?

For rental operators, Midway City, CA rates as tenant-protective. The regulatory environment standard buy-and-hold operations.

What is the investability score for Midway City, CA?

Midway City, CA registers an investability rating of 3.0/5, with median home values near $1.1M and average rents around $2,358/mo. That combination puts it in the significant tier for investor interest.

You know 92655 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 92655 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.

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