Real Estate Investing in Buellton, California (93427)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 93427 (Buellton, 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: 15.5% of homes vacant — above national norms.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in Buellton, CA (93427)?
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Market Analysis: 93427 Buellton
The 93427 ZIP covers a section of Buellton that demands careful diligence. Prices near $926K look accessible, but the work to make a deal cash flow is real.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 93427 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Put differently, 93427 offers a low basis, the region around Buellton has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Looking more closely, 5,866 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.
The right play in 93427 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Buellton:
Property Strategy for 93427
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $641,381 | $3,390 | 3.8% | +7.0% | $320,690 |
| 3BR | $870,146 | $4,420 | 3.7% | +6.9% | $290,049 |
| 4BR | $1,015,758 | $5,040 | 3.6% | +8.2% | $253,940 |
| 5BR | $1,274,394 | — | — | +9.2% | $254,879 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 93427 Compare?
| Metric | 93427 | Buellton | Santa Maria-Santa Barbara, CA | California |
|---|---|---|---|---|
| Home Value | $925,747 | $925,747 | N/A | $761,003 |
| 5-Year CAGR | 4.7% | 4.7% | N/A | 5.7% |
| Avg Rent | $4,200 | $4,200 | N/A | - |
| Cap Rate | 3.5% | 3.5% | - | - |
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 93427 (Buellton, CA). Anonymous, moderated, never written by AI.
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Property managers serving Santa Barbara County
Manage rentals here? List your business →Plus Property Management offers services for owners and tenants with available rentals in Santa Maria, Santa Barbara, Santa Ynez Valley, Lompoc, and Arroyo Grande. summary from their website
Sierra Property Management offers residential, student housing, commercial & storage rental property management services in Santa Barbara. 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 | $925,747 |
| Monthly Rent | $4,200 |
| Price-to-Rent | 18.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.4% |
| Cap Rate | 3.5% |
| 5-Year IRR | 8.2% |
📈 Home Appreciation
| 1-Year | +3.7% ▲ |
| 3-Year CAGR | +2.7% ▲ |
| 5-Year CAGR | +4.7% ▲ |
| 10-Year CAGR | +5.4% ▲ |
🏠 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 (3.5%). 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 93427
Population: 5,866
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 93427
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
Is the tenant base reliable in Buellton, CA?
Buellton, CA offers a reliable renter base at the $4,200/mo rent level. Tenant turnover is reasonable for well-managed properties.
Is house hacking profitable in Buellton, CA?
For house hackers, Buellton, CA is a challenging. The $4,200/mo rent on a unit helps defray the mortgage on a $926K property.
Are homes affordable in Buellton, CA?
Typical homes in Buellton, CA go for around $926K. The 5-year CAGR of 0.0% even-keeled price movement.
What are rental rates like in Buellton, CA?
Buellton, CA rentals go for roughly $4,200/mo a month. That puts gross yield in solid territory relative to $926K acquisition costs.
Are eviction rules reasonable in Buellton, CA?
Buellton, CA operates under CA law, which is tenant-protective overall for landlords. Expect steady treatment in typical lease and eviction cases.
You know 93427 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 93427 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 93427 ranks in Santa Maria-Santa Barbara, CA
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