Real Estate Investing in Mojave, California (93501)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 93501 (Mojave, CA)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 13.9% of homes vacant — above national norms.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- Elevated poverty: 25.4% 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 Mojave, CA (93501)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 93501 Mojave
Investors eyeing 93501 need to respect the fundamentals at play. Home values of $237K come alongside slower price movement and elevated management overhead.
Rent of $1,251/mo on a $237K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 93501 sits below the stated 0.0% once reality is priced in.
ZIP 93501's metrics run below Kern County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Stepping back, 5,944 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.
Experienced landlords with local relationships tend to find 93501 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 Mojave:
Property Strategy for 93501
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $182,477 | $1,390 | 5.5% | +6.9% | $91,239 |
| 3BR | $244,185 | $1,930 | 5.7% | +7.6% | $81,395 |
| 4BR | $284,555 | $2,330 | 5.9% | +7.2% | $71,139 |
Market Trends
Home Value History (with trend line)
📊 How Does 93501 Compare?
| Metric | 93501 | Mojave | Bakersfield, CA | California |
|---|---|---|---|---|
| Home Value | $237,129 | $237,129 | N/A | $761,003 |
| 5-Year CAGR | 4.7% | 4.7% | N/A | 5.7% |
| Avg Rent | $1,251 | $1,251 | N/A | - |
| Cap Rate | 4.1% | 4.1% | - | - |
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 93501 (Mojave, CA). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 93501 (Mojave, CA)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $237,129 |
| Monthly Rent | $1,251 |
| Price-to-Rent | 15.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.3% |
| Cap Rate | 4.1% |
| 5-Year IRR | 8.8% |
📈 Home Appreciation
| 1-Year | +3.2% ▲ |
| 3-Year CAGR | +2.6% ▲ |
| 5-Year CAGR | +4.7% ▲ |
| 10-Year CAGR | +10.8% ▲ |
🏠 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 (4.1%). 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 93501
Population: 5,944
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 93501
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 rental property easy to operate in Mojave, CA?
Mojave, CA falls under CA landlord-tenant law, which is tenant-protective. That backdrop makes day-to-day property management reasonable.
How strong is tenant demand in Mojave, CA?
Tenant demand in Mojave, CA is solid. The local workforce $1,251/mo rents across most rental classes.
Can I house hack in Mojave, CA?
The a challenging house-hack environment in Mojave, CA reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
What kind of market is Mojave, CA for investors?
The 3.0/5 investability rating in Mojave, CA reflects its $237K prices and $1,251/mo rents. Investors generally consider it a solid option within CA.
What is the typical home price in Mojave, CA?
Mojave, CA median home values land near $237K. That is reasonable territory for investors looking at $1,251/mo-per-month rentals.
You know 93501 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 93501 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 93501 ranks in Bakersfield, CA
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 93501 (Mojave)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 93501 (Mojave, CA).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.
