Real Estate Investing in Dos Palos, California (93620)

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

Merced County • Population: 10,173 • Data updated: September 2026

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Should you buy in 93620 (Dos Palos, CA)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (49/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
2 flags
  • Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
  • High price-to-rent: Price-to-rent ratio 25.0 — hard to cash-flow at these prices.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Dos Palos, CA (93620)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $367,181
Avg Monthly Rent $1,224
1% Rule ✗ Does Not Meet
Median Income $51,135
% Renters 49.1%

Market Analysis: 93620 Dos Palos

Investors eyeing 93620 need to respect the fundamentals at play. Home values of $367K come alongside slower price movement and elevated management overhead.

Distressed markets are won on execution, not on spreadsheets. ZIP 93620 registers the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.

Within CA, ZIP 93620 trails on several market indicators that neighboring Merced County submarkets outperform. The gap is real and healthy enough to shape underwriting.

Demographically, 93620 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.

Experienced landlords with local relationships tend to find 93620 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 Dos Palos:

C Below Average
Buy Confidence Score: 55/100
Affordability
5/25
Appreciation
18/25
Stability
11/20
Timing
6/15
Rental backup
15/15
Affordability
Expensive
Homes cost 7.2× the median income
Value Trend
Stable (+1.8%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,224/mo if you need to move
Market Conditions
WARM
Seller-favorable conditions, steady activity
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.
☀️
WARM MARKET
Merced, CA Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
7.4%
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 Merced, CA metro data
🏠

Property Strategy for 93620

Which property type performs best in this market?

Best for Cash Flow
4BR
4.1% cap rate
Best for Appreciation
3BR
+6.7% 5yr CAGR
Best Overall Value
4BR
$101,733/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $281,775 $1,360 3.5% +6.0% $140,888
3BR $351,782 $1,900 3.9% +6.7% $117,261
4BR $406,931 $2,290 4.1% +6.5% $101,733

Market Trends

Home Value History (with trend line)

$391K$326K$260K$195K$129K$64KJul 2006Jul 2016Jul 2026

📊 How Does 93620 Compare?

Metric 93620 Dos Palos Merced, CA California
Home Value $367,181 $367,181 N/A $761,003
5-Year CAGR 3.3% 3.3% N/A 5.7%
Avg Rent $1,224 $1,224 N/A -
Cap Rate 2.6% 2.6% - -
💡 Why Invest in 93620? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

A healthy rental market with 49% renter-occupied households ensures tenant availability.

📊 See where this ZIP ranks in our Best-of lists →
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 93620 (Dos Palos, CA). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.6%
Low
5yr Growth
+3.3%
Moderate

📉 Market Crash Risk Index

Based on Merced, CA metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
46%
Days Pending
0/2
0 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $367,181
Monthly Rent $1,224
Price-to-Rent 25.0:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.0%
Cap Rate 2.6%
5-Year IRR 5.9%

📈 Home Appreciation

1-Year +1.8% ▲
3-Year CAGR +1.9% ▲
5-Year CAGR +3.3% ▲
10-Year CAGR +8.0% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.6%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.6%). 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
5.6%
Low risk
Landlord Climate
1.0/5
Protective
Value Trend (5yr)
+3.3%
Stable
Eviction process: Very Slow Rent control: Unfavorable

Demographics in 93620

Population: 10,173

💰 Median Household Income
$51,135
This area
$51,135
State
$94,164
USA
$74,580
🏠 Renter Occupied
49.1%
This area
49.1%
State
39.3%
USA
34.0%
💼 Unemployment Rate
6.3%
This area
6.3%
State
-16.6%
USA
3.7%
🎓 College Educated
9.7%
This area
9.7%
State
7.7%
USA
33.7%
👤 Median Age
37.3 years
This area
37.3 years
State
9.6 years
USA
38.9 years
🏚️ Vacancy Rate
5.6%
This area
5.6%
State
15.3%
USA
10.5%
👥 Population by Ethnicity
Other/Mixed 49.9%
White 47.6%
Hispanic/Latino 39.9%
Black/African American 1.6%
Asian 0.9%
👶 Under 18
23.4%
This area
23.4%
USA
22.0%
👴 65 and Over
15.6%
This area
15.6%
USA
17.3%
📊 Poverty Rate
10.0%
This area
10.0%
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

🎓 Schools in 93620

B Avg School Grade
5 Schools
22.4:1 Avg Class Size
$19,501 Avg Per Pupil

Schools in This ZIP Code

B+ Above Average

Dos Palos High

📚 09 – 12 High School
👥
628 Students
👨‍🏫
18.7:1 Class Size
💰
$19,501 Per Student
B Good

Bernhard Marks Elementary

📚 03 – 05 Elementary
👥
479 Students
👨‍🏫
24.0:1 Class Size
💰
$19,501 Per Student
B Good

Bryant Middle

📚 06 – 08 Middle
👥
485 Students
👨‍🏫
23.9:1 Class Size
💰
$19,501 Per Student
B Good

Dos Palos Elementary

📚 K – 02 Elementary
👥
600 Students
👨‍🏫
23.1:1 Class Size
💰
$19,501 Per Student
B Good

Dos Palos Carver Center

📚 Grade M Elementary Limited Data
💰
$19,501 Per Student
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 housing expensive in Dos Palos, CA?

In Dos Palos, CA the median home value sits at $367K. Against the broader CA market, that reads as reasonable for most investors.

Are tenants stable in Dos Palos, CA?

Tenant demand in Dos Palos, CA is solid. The local workforce $1,224/mo rents across most rental classes.

Does Dos Palos, CA favor landlords or tenants?

CA ranks as a tenant-protective state for landlord-tenant law. Dos Palos generally follows the statewide framework, so landlords face reasonable operating rules.

What are vacancy rates like in Dos Palos, CA?

Rental vacancy in Dos Palos, CA is elevated. Investors should budget normal turnover but not chronic empty units.

What does house hacking look like in Dos Palos, CA?

Dos Palos, CA offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $1,224/mo rent level.

You know 93620 now. You don’t know where it ranks.

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How 93620 ranks in Merced, CA

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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