Real Estate Investing in North Fork, California (93643)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 93643 (North Fork, CA)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 21.5% of homes vacant — above national norms.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- Higher unemployment: 8.2% unemployment — tenant risk signal.
- High price-to-rent: Price-to-rent ratio 28.5 — 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 North Fork, CA (93643)?
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Market Analysis: 93643 North Fork
On balance, ZIP 93643 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $398K median. It rewards specialists, not generalists.
The 93643 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Statewide comparisons place 93643 among CA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Employment concentration in 93643 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
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 North Fork:
Property Strategy for 93643
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $308,391 | $1,290 | 3.0% | +5.1% | $154,195 |
| 3BR | $415,284 | $1,810 | 3.1% | +5.6% | $138,428 |
| 4BR | $523,006 | $2,070 | 2.8% | +5.1% | $130,752 |
Market Trends
Home Value History (with trend line)
📊 How Does 93643 Compare?
| Metric | 93643 | North Fork | Madera, CA | California |
|---|---|---|---|---|
| Home Value | $397,661 | $397,661 | N/A | $761,003 |
| 5-Year CAGR | 2.1% | 2.1% | N/A | 5.7% |
| Avg Rent | $1,161 | $1,161 | N/A | - |
| Cap Rate | 2.3% | 2.3% | - | - |
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 93643 (North Fork, CA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $397,661 |
| Monthly Rent | $1,161 |
| Price-to-Rent | 28.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.5% |
| Cap Rate | 2.3% |
| 5-Year IRR | 4.3% |
📈 Home Appreciation
| 1-Year | +1.6% ▲ |
| 3-Year CAGR | +1.5% ▲ |
| 5-Year CAGR | +2.1% ▲ |
| 10-Year CAGR | +5.3% ▲ |
🏠 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 (2.3%). 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 93643
Population: 2,778
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 93643
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
How strong is the working-renter base in North Fork, CA?
Tenant quality in North Fork, CA ranks as solid. Landlords generally report stable occupancy at market rents of $1,161/mo.
What kind of vacancy should I budget for in North Fork, CA?
Rental vacancy in North Fork, CA is elevated. Investors should budget normal turnover but not chronic empty units.
How much does a house cost in North Fork, CA?
Median home price in North Fork, CA is near $398K, with a 5-year CAGR of 0.0%. Prices have been reliable and supportive of buy-and-hold strategies.
What is the average monthly rent in North Fork, CA?
The typical rental in North Fork, CA commands about $1,161/mo monthly. That rent profile even-keeled cash flow against the $398K purchase basis.
Is North Fork, CA a friendly market for rental owners?
Rental owners in North Fork, CA deal with a tenant-protective legal framework. Most standard eviction processes run on reasonable timelines.
You know 93643 now. You don’t know where it ranks.
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How 93643 ranks in Madera, CA
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