Real Estate Investing in Del Rey, California (93616)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 93616 (Del Rey, 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 middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- Elevated poverty: 31.3% poverty rate — can affect rent collection.
- Higher unemployment: 7.6% unemployment — tenant risk signal.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Del Rey, CA (93616)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 93616 Del Rey
ZIP 93616 in Del Rey, CA carries a robust set of headwinds. Home values near $394K and rents of $1,341/mo sit inside a market where underwriting has to be tight.
For an experienced owner, 93616 can be a a strong candidate for hunting ground — but the discount at $394K reflects genuine risk that outside investors often underestimate.
In the broader CA picture, 93616 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
A notable renter share of 46% in 93616 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Strategy in 93616 is an operator game, not a passive one. On balance, entry prices of $394K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Del Rey:
Property Strategy for 93616
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $363,630 | $2,070 | 4.1% | +6.6% | $121,210 |
| 4BR | $346,040 | $2,380 | 5.0% | +7.1% | $86,510 |
Market Trends
Home Value History (with trend line)
📊 How Does 93616 Compare?
| Metric | 93616 | Del Rey | Fresno, CA | California |
|---|---|---|---|---|
| Home Value | $394,391 | $394,391 | N/A | $761,003 |
| 5-Year CAGR | 4.3% | 4.3% | N/A | 5.7% |
| Avg Rent | $1,341 | $1,341 | N/A | - |
| Cap Rate | 2.7% | 2.7% | - | - |
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 93616 (Del Rey, CA). Anonymous, moderated, never written by AI.
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Property managers serving Fresno County
Manage rentals here? List your business →CenCal PM provides property management services for apartments, single-family homes, and commercial properties in Fresno. summary from their website
Real Property Management Platinum provides property management services in Fresno, CA. summary from their website
Regency Property Management offers property and HOA management services in Fresno, CA. 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 | $394,391 |
| Monthly Rent | $1,341 |
| Price-to-Rent | 24.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.1% |
| Cap Rate | 2.7% |
| 5-Year IRR | 7.0% |
📈 Home Appreciation
| 1-Year | +6.2% ▲ |
| 3-Year CAGR | +4.1% ▲ |
| 5-Year CAGR | +4.3% ▲ |
| 10-Year CAGR | +6.5% ▲ |
🏠 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 (2.7%). 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 93616
Population: 2,173
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 93616
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.
🎓 Nearby Colleges & Universities
Investor Insight: With 1,855 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is housing expensive in Del Rey, CA?
Expect median prices around $394K in Del Rey, CA. The market has run at a 0.0% 5-year CAGR, so entry costs have been consistent.
What investment strategy works best in Del Rey, CA?
A careful cash-flow rentals with hands-on management strategy Del Rey, CA best. The market produces reliable results for that approach at the $394K price point.
Do rentals sit vacant long in Del Rey, CA?
Del Rey, CA vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
Is Del Rey, CA landlord-friendly?
The landlord environment in Del Rey, CA is tenant-protective. Statewide rules shape most day-to-day operations for rental owners.
What is the tenant pool like in Del Rey, CA?
Working renters make up the core of the Del Rey, CA tenant base. The pool is reasonable for investors targeting long-term holds.
You know 93616 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 93616 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 93616 ranks in Fresno, CA
Every ZIP in this metro, ranked. Free.
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