Real Estate Investing in Weldon, California (93283)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 93283 (Weldon, CA)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 26.1% of homes vacant — above national norms.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- Elevated poverty: 31.1% poverty rate — can affect rent collection.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Weldon, CA (93283)?
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Market Analysis: 93283 Weldon
ZIP 93283 inside Kern County looks affordable on the surface — median value of $201K — but the discount exists for reasons that a careful buyer should understand before committing.
Distressed markets are won on execution, not on spreadsheets. ZIP 93283 clocks in at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
In the broader CA picture, 93283 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
In practical terms, 2,129 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
New investors are better served looking at Weldon's stable or hybrid ZIPs before stepping into 93283. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Weldon:
Market Trends
Home Value History (with trend line)
📊 How Does 93283 Compare?
| Metric | 93283 | Weldon | Bakersfield, CA | California |
|---|---|---|---|---|
| Home Value | $201,411 | $201,411 | N/A | $761,003 |
| 5-Year CAGR | 3.3% | 3.3% | N/A | 5.7% |
| Avg Rent | $1,125 | $1,125 | N/A | - |
| Cap Rate | 4.4% | 4.4% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 93283 (Weldon, CA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $201,411 |
| Monthly Rent | $1,125 |
| Price-to-Rent | 14.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.7% |
| Cap Rate | 4.4% |
| 5-Year IRR | 7.7% |
📈 Home Appreciation
| 1-Year | +1.6% ▲ |
| 3-Year CAGR | +3.9% ▲ |
| 5-Year CAGR | +3.3% ▲ |
| 10-Year CAGR | +5.9% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.4%). 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 93283
Population: 2,129
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 93283
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.
Frequently Asked Questions
Does Weldon, CA make sense for an investment property?
Weldon, CA scores 3.0/5 for investability. Home values sit at $201K and rents near $1,125/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
What price range are homes in Weldon, CA?
Weldon, CA home values average about $201K. That price point suits investors targeting rentals with $1,125/mo in monthly income.
Do landlords face vacancy issues in Weldon, CA?
Vacancy risk in Weldon, CA is elevated. That supports measured cash flow for typical rental holds.
Is Weldon, CA good for landlords?
CA ranks as a tenant-protective state for landlord-tenant law. Weldon generally follows the statewide framework, so landlords face reasonable operating rules.
What monthly rent should investors expect in Weldon, CA?
The typical rental in Weldon, CA commands about $1,125/mo monthly. That rent profile consistent cash flow against the $201K purchase basis.
You know 93283 now. You don’t know where it ranks.
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How 93283 ranks in Bakersfield, CA
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