Real Estate Investing in Selma, California (93662)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 93662 (Selma, 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.
What’s happening in Selma, CA (93662)?
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Market Analysis: 93662 Selma
The 93662 ZIP covers a section of Selma that demands careful diligence. Prices near $365K look accessible, but the work to make a deal cash flow is real.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $365K asset, 93662 is the wrong submarket. If the plan prices in friction, the yield can still work.
ZIP 93662's metrics run below Fresno County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Who lives in 93662 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Strategy in 93662 is an operator game, not a passive one. From a cash-flow lens, entry prices of $365K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Selma:
Property Strategy for 93662
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $251,802 | $1,570 | 4.5% | +6.8% | $125,901 |
| 3BR | $344,447 | $2,180 | 4.6% | +7.3% | $114,816 |
| 4BR | $401,856 | $2,510 | 4.5% | +7.2% | $100,464 |
| 5BR | $452,782 | — | — | +6.7% | $90,556 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 93662 Compare?
| Metric | 93662 | Selma | Fresno, CA | California |
|---|---|---|---|---|
| Home Value | $365,363 | $365,363 | N/A | $761,003 |
| 5-Year CAGR | 5.1% | 5.1% | N/A | 5.7% |
| Avg Rent | $2,194 | $2,194 | N/A | - |
| Cap Rate | 4.7% | 4.7% | - | - |
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 93662 (Selma, 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 | $365,363 |
| Monthly Rent | $2,194 |
| Price-to-Rent | 13.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.2% |
| Cap Rate | 4.7% |
| 5-Year IRR | 9.8% |
📈 Home Appreciation
| 1-Year | +3.2% ▲ |
| 3-Year CAGR | +4.1% ▲ |
| 5-Year CAGR | +5.1% ▲ |
| 10-Year CAGR | +6.8% ▲ |
🏠 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 (4.7%). 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 93662
Population: 29,499
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 93662
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
How should investors approach Selma, CA?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Selma, CA. The numbers - $365K homes against $2,194/mo rents - support that play.
How much rent can I charge in Selma, CA?
The typical rental in Selma, CA commands about $2,194/mo monthly. That rent profile reliable cash flow against the $365K purchase basis.
Do landlords face vacancy issues in Selma, CA?
Vacancy in Selma, CA is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $2,194/mo.
How do home values compare in Selma, CA?
Selma, CA median home values land near $365K. That is reasonable territory for investors looking at $2,194/mo-per-month rentals.
Can I house hack in Selma, CA?
The a challenging house-hack environment in Selma, CA reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
You know 93662 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 93662 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 93662 ranks in Fresno, CA
Every ZIP in this metro, ranked. Free.
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