Real Estate Investing in Orange, California (92867)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 92867 (Orange, 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.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- High price-to-rent: Price-to-rent ratio 27.5 — hard to cash-flow at these prices.
What’s happening in Orange, CA (92867)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 92867 Orange
This part of Orange County is not an easy win. The 92867 ZIP clocks in at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 92867 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
In the broader CA picture, 92867 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
The demographic picture in 92867 includes headwinds that any investor should price in. Income distribution skews lower than Orange averages, and tenant stability requires active management.
Strategy in 92867 is an operator game, not a passive one. From an investor standpoint, entry prices of $1.3M are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Orange:
Property Strategy for 92867
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $813,428 | $2,910 | 2.6% | +7.3% | $406,714 |
| 3BR | $1,057,778 | $3,950 | 2.7% | +7.9% | $352,593 |
| 4BR | $1,317,062 | $4,720 | 2.6% | +9.1% | $329,266 |
| 5BR | $1,703,864 | — | — | +10.2% | $340,773 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 92867 Compare?
| Metric | 92867 | Orange | Los Angeles-Long Beach-Anaheim, CA | California |
|---|---|---|---|---|
| Home Value | $1,251,212 | $1,113,764 | N/A | $761,003 |
| 5-Year CAGR | 6.3% | 6.5% | N/A | 5.7% |
| Avg Rent | $3,792 | $3,464 | N/A | - |
| Cap Rate | 2.4% | 2.4% | - | - |
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 92867 (Orange, 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 | $1,251,212 |
| Monthly Rent | $3,792 |
| Price-to-Rent | 27.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.6% |
| Cap Rate | 2.4% |
| 5-Year IRR | 8.6% |
📈 Home Appreciation
| 1-Year | +3.6% ▲ |
| 3-Year CAGR | +5.8% ▲ |
| 5-Year CAGR | +6.3% ▲ |
| 10-Year CAGR | +6.4% ▲ |
🏠 Rent Trends
| 1-Year | +16.3% ▲ |
| 3-Year CAGR | +9.0% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.4%). 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 92867
Population: 44,003
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 92867
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
OUSD EDGE Virtual Academy
Canyon Hills
Cerro Villa Middle
Woodsboro Elementary
Esplanade Elementary
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 2,587 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What investment strategy works best in Orange, CA?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Orange, CA. The numbers - $1.3M homes against $3,792/mo rents - support that play.
What do rentals go for in Orange, CA?
Rent in Orange, CA is around $3,792/mo. The resulting rent-to-value relationship with $1.3M pricing is reasonable for most investor models.
What are home prices like in Orange, CA?
Typical homes in Orange, CA go for around $1.3M. The 5-year CAGR of 0.0% steady price movement.
Is it easy to find good tenants in Orange, CA?
Orange, CA draws a reliable base of working renters. Demand at the $3,792/mo rent level is reasonable for standard single-family and small multi rentals.
Is vacancy a concern in Orange, CA?
Vacancy in Orange, CA is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $3,792/mo.
You know 92867 now. You don’t know where it ranks.
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How 92867 ranks in Los Angeles-Long Beach-Anaheim, CA
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