Real Estate Investing in Bass Lake, California (93604)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Madera County • Population: 518 • Data updated: September 2026

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Should you buy in 93604 (Bass Lake, CA)? Our answer, based on the numbers below.

🏠 For Homebuyers
WEAK FIT
Grade F (38/100)

Multiple negative signals. Better options likely exist nearby.

📈 For Investors
WEAK
2.0 / 5 (33/100)

Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.

⚠️ Risks to Know
3 flags
  • High vacancy: 87.3% 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 42.0 — 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 Bass Lake, CA (93604)?

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2.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $635,575
Avg Monthly Rent $1,260
1% Rule ✗ Does Not Meet
Median Income $108,750
% Renters 0.0%

Market Analysis: 93604 Bass Lake

Put differently, ZIP 93604 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $636K median. It rewards specialists, not generalists.

Distressed markets are won on execution, not on spreadsheets. ZIP 93604 comes in at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.

ZIP 93604's metrics run below Madera County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.

Resident income in 93604 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.

Experienced landlords with local relationships tend to find 93604 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Bass Lake:

C Below Average
Buy Confidence Score: 56/100
Affordability
10/25
Appreciation
14/25
Stability
7/20
Timing
10/15
Rental backup
15/15
Affordability
Expensive
Homes cost 5.8× the median income
Value Trend
Declining (-0.9%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,260/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.
❄️
COOL MARKET
Madera, CA Metro Area
More inventory, negotiating room for buyers
61 days
Average time to sell
Slow
6.6%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Madera, CA metro data
🏠

Property Strategy for 93604

Which property type performs best in this market?

Best for Cash Flow
2BR
2.5% cap rate
Best for Appreciation
3BR
+5.8% 5yr CAGR
Best Overall Value
2BR
$205,139/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $410,279 $1,400 2.5% +5.8% $205,139
3BR $639,748 $1,950 2.2% +5.8% $213,249
4BR $1,000,220 $2,320 1.7% +5.7% $250,055

Market Trends

Home Value History (with trend line)

$707K$628K$550K$472K$394K$316KJul 2006Jul 2016Jul 2026

📊 How Does 93604 Compare?

Metric 93604 Bass Lake Madera, CA California
Home Value $635,575 $500,028 N/A $761,003
5-Year CAGR 2.0% 2.2% N/A 5.7%
Avg Rent $1,260 $1,215 N/A -
Cap Rate 1.6% 2.0% - -
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 93604 (Bass Lake, CA). Anonymous, moderated, never written by AI.

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Investability
Fair
Cap Rate
1.6%
Low
5yr Growth
+2.0%
Slow

📉 Market Crash Risk Index

Based on Madera, CA metro

2/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
47%
Days Pending
2/2
61 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $635,575
Monthly Rent $1,260
Price-to-Rent 42.0:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 2.4%
Cap Rate 1.6%
5-Year IRR 3.6%

📈 Home Appreciation

1-Year -0.9% ▼
3-Year CAGR -1.0% ▼
5-Year CAGR +2.0% ▲
10-Year CAGR +4.9% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 1.6%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (1.6%). 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.

Vacancy
87.3%
Elevated risk
Landlord Climate
1.0/5
Protective
Value Trend (5yr)
+2.0%
Stable
Eviction process: Very Slow Rent control: Unfavorable

Demographics in 93604

Population: 518

💰 Median Household Income
$108,750
This area
$108,750
State
$94,164
USA
$74,580
🏠 Renter Occupied
0.0%
This area
0.0%
State
39.3%
USA
34.0%
💼 Unemployment Rate
0.0%
This area
0.0%
State
-16.6%
USA
3.7%
🎓 College Educated
53.7%
This area
53.7%
State
7.7%
USA
33.7%
👤 Median Age
64.3 years
This area
64.3 years
State
9.6 years
USA
38.9 years
🏚️ Vacancy Rate
87.3%
This area
87.3%
State
15.3%
USA
10.5%
👥 Population by Ethnicity
White 92.3%
Other/Mixed 7.7%
Hispanic/Latino 2.5%
👶 Under 18
13.4%
This area
13.4%
USA
22.0%
👴 65 and Over
41.8%
This area
41.8%
USA
17.3%
📊 Poverty Rate
16.8%
This area
16.8%
USA
11.5%

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 kind of market is Bass Lake, CA for investors?

Our data puts Bass Lake, CA at 2.0/5 for investability. Home prices of $636K and rents around $1,260/mo create a solid backdrop for investor activity.

How qualified is the tenant pool in Bass Lake, CA?

Expect a solid tenant pool in Bass Lake, CA. The rental market absorbs $1,260/mo rents without meaningful friction.

How much rent can I charge in Bass Lake, CA?

Rents in Bass Lake, CA run near $1,260/mo. Compared with median home prices of $636K that produces solid gross yields for typical rentals.

Does house hacking work in Bass Lake, CA?

House hacking works a challenging in Bass Lake, CA. Rents of $1,260/mo against $636K acquisition make the strategy solid for owner-occupants.

How tight is the rental market in Bass Lake, CA?

Vacancy risk in Bass Lake, CA is elevated. That supports even-keeled cash flow for typical rental holds.

You know 93604 now. You don’t know where it ranks.

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How 93604 ranks in Madera, CA

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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