Real Estate Investing in Simi Valley, California (93063)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 93063 (Simi Valley, 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.
What’s happening in Simi Valley, CA (93063)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 93063 Simi Valley
ZIP 93063 in Simi Valley, CA carries a substantial set of headwinds. Home values near $840K and rents of $2,817/mo sit inside a market where underwriting has to be tight.
The 93063 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Statewide comparisons place 93063 among CA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Employment concentration in 93063 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Experienced landlords with local relationships tend to find 93063 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Simi Valley:
Property Strategy for 93063
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $465,936 | $2,530 | 3.9% | +5.8% | $465,936 |
| 2BR | $530,470 | $3,030 | 4.1% | +5.4% | $265,235 |
| 3BR | $790,255 | $4,110 | 3.7% | +5.6% | $263,418 |
| 4BR | $894,737 | $4,770 | 3.8% | +5.6% | $223,684 |
| 5BR | $1,024,976 | — | — | +5.4% | $204,995 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 93063 Compare?
| Metric | 93063 | Simi Valley | Oxnard-Thousand Oaks-Ventura, CA | California |
|---|---|---|---|---|
| Home Value | $839,920 | $841,937 | N/A | $761,003 |
| 5-Year CAGR | 2.9% | 2.8% | N/A | 5.7% |
| Avg Rent | $2,817 | $2,765 | N/A | - |
| Cap Rate | 2.6% | 2.6% | - | - |
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 93063 (Simi Valley, CA). Anonymous, moderated, never written by AI.
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Property managers serving Ventura County
Manage rentals here? List your business →ABM Property Management, Inc. provides full property management services for homeowners associations in residential communities throughout Southern California. summary from their website
California Oaks Property Management's homepage text is minimal, but the domain name strongly suggests property management services. summary from their website
Home Sweet Home Property Management offers full-service property management rooted in Ventura County since 1990. 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 | $839,920 |
| Monthly Rent | $2,817 |
| Price-to-Rent | 24.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.0% |
| Cap Rate | 2.6% |
| 5-Year IRR | 5.5% |
📈 Home Appreciation
| 1-Year | +0.3% ▲ |
| 3-Year CAGR | +2.0% ▲ |
| 5-Year CAGR | +2.9% ▲ |
| 10-Year CAGR | +4.7% ▲ |
🏠 Rent Trends
| 1-Year | -10.8% ▼ |
| 3-Year CAGR | -1.3% ▼ |
| 5-Year CAGR | +2.0% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.6%). 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 93063
Population: 56,110
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 93063
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 9,141 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How strong is Simi Valley, CA for real estate investors?
Simi Valley, CA registers an investability rating of 3.0/5, with median home values near $840K and average rents around $2,817/mo. That combination puts it in the robust tier for investor interest.
Are rents high in Simi Valley, CA?
Investors in Simi Valley, CA typically see rents near $2,817/mo per month against $840K home values - a solid setup for rental cash flow.
Is vacancy a concern in Simi Valley, CA?
Simi Valley, CA sees elevated vacancy, which is reasonable relative to the broader CA rental market.
Does house hacking work in Simi Valley, CA?
House hacking in Simi Valley, CA is a challenging. With home values around $840K and rents at $2,817/mo, owner-occupants can offset a meaningful share of PITI.
How expensive is real estate in Simi Valley, CA?
Typical homes in Simi Valley, CA go for around $840K. The 5-year CAGR of 0.0% steady price movement.
You know 93063 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 93063 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 93063 ranks in Oxnard-Thousand Oaks-Ventura, CA
Every ZIP in this metro, ranked. Free.
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