Real Estate Investing in June Lake, California (93529)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 93529 (June Lake, CA)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 79.0% of homes vacant — above national norms.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- High price-to-rent: Price-to-rent ratio 38.6 — hard to cash-flow at these prices.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in June Lake, CA (93529)?
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Market Analysis: 93529 June Lake
ZIP 93529 inside Mono County looks affordable on the surface — median value of $700K — but the discount exists for reasons that a careful buyer should understand before committing.
Put differently, the numbers look inviting — $700K purchase price, 0.0% nominal cap — the work to hit that pro forma in 93529 is substantial and deserves full respect.
Within CA, ZIP 93529 trails on several market indicators that neighboring Mono County submarkets outperform. The gap is real and notable enough to shape underwriting.
Demographically, 93529 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
looks to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in June Lake:
Property Strategy for 93529
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $601,188 | $1,680 | 2.0% | +5.4% | $300,594 |
| 3BR | $759,683 | $2,340 | 2.2% | +6.3% | $253,228 |
Market Trends
Home Value History (with trend line)
📊 How Does 93529 Compare?
| Metric | 93529 | June Lake | California |
|---|---|---|---|
| Home Value | $699,681 | $699,681 | $761,003 |
| 5-Year CAGR | 2.6% | 2.6% | 5.7% |
| Avg Rent | $1,512 | $1,512 | - |
| Cap Rate | 1.7% | 1.7% | - |
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 93529 (June Lake, CA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $699,681 |
| Monthly Rent | $1,512 |
| Price-to-Rent | 38.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.6% |
| Cap Rate | 1.7% |
| 5-Year IRR | 4.3% |
📈 Home Appreciation
| 1-Year | +0.7% ▲ |
| 3-Year CAGR | -0.6% ▼ |
| 5-Year CAGR | +2.6% ▲ |
| 10-Year CAGR | +5.1% ▲ |
🏠 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 (1.7%). 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 93529
Population: 209
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
Frequently Asked Questions
What price range are homes in June Lake, CA?
The median home value in June Lake, CA is roughly $700K. That puts it reasonable relative to the CA statewide average.
Is June Lake, CA a good market for buy-and-hold investors?
Investors tracking June Lake, CA will find a 2.0/5 rating supported by $700K median home values and $1,512/mo rents. That profile suits long-term holders targeting predictable returns.
Is June Lake, CA a friendly market for rental owners?
For rental operators, June Lake, CA rates as tenant-protective. The regulatory environment standard buy-and-hold operations.
Can I house hack in June Lake, CA?
June Lake, CA offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $1,512/mo rent level.
How should investors approach June Lake, CA?
Most investors in June Lake, CA run a careful cash-flow rentals with hands-on management strategy. It aligns with the 2.0/5 investability profile and the market fundamentals.
You know 93529 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 93529 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.
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