Real Estate Investing in Fresno, California (93727)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 93727 (Fresno, 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 cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in Fresno, CA (93727)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 93727 Fresno
ZIP 93727 in Fresno, CA carries a substantial set of headwinds. Home values near $432K and rents of $2,349/mo sit inside a market where underwriting has to be tight.
The 93727 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Within CA, ZIP 93727 trails on several market indicators that neighboring Fresno County submarkets outperform. The gap is real and healthy enough to shape underwriting.
The demographic picture in 93727 includes headwinds that any investor should price in. Income distribution skews lower than Fresno averages, and tenant stability requires active management.
The 93727 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Fresno:
Property Strategy for 93727
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $131,801 | $1,350 | 7.4% | +9.0% | $131,801 |
| 2BR | $227,526 | $1,660 | 5.3% | +7.9% | $113,763 |
| 3BR | $394,212 | $2,310 | 4.2% | +6.8% | $131,404 |
| 4BR | $474,847 | $2,650 | 4.0% | +6.5% | $118,712 |
| 5BR | $544,746 | — | — | +6.7% | $108,949 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 93727 Compare?
| Metric | 93727 | Fresno | Fresno, CA | California |
|---|---|---|---|---|
| Home Value | $432,366 | $133,240 | N/A | $761,003 |
| 5-Year CAGR | 4.0% | 3.7% | N/A | 5.7% |
| Avg Rent | $2,349 | $1,823 | N/A | - |
| Cap Rate | 4.2% | 3.8% | - | - |
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 93727 (Fresno, 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 | $432,366 |
| Monthly Rent | $2,349 |
| Price-to-Rent | 15.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.5% |
| Cap Rate | 4.2% |
| 5-Year IRR | 8.3% |
📈 Home Appreciation
| 1-Year | +2.0% ▲ |
| 3-Year CAGR | +2.4% ▲ |
| 5-Year CAGR | +4.0% ▲ |
| 10-Year CAGR | +6.8% ▲ |
🏠 Rent Trends
| 1-Year | +0.0% ▲ |
| 3-Year CAGR | +2.6% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.2%). 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 93727
Population: 83,630
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 93727
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 5,276 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How strong is Fresno, CA for real estate investors?
Yes - Fresno, CA a 3.0/5 investability score. With $432K home prices against $2,349/mo monthly rent, the market delivers a reasonable entry point for new investors.
How do home values compare in Fresno, CA?
Fresno, CA home values average about $432K. That price point suits investors targeting rentals with $2,349/mo in monthly income.
What monthly rent should investors expect in Fresno, CA?
Expect rents around $2,349/mo per month in Fresno, CA. With home values at $432K, the yield math works out to reasonable levels for rental investors.
Which real estate strategy fits Fresno, CA?
Most investors in Fresno, CA run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
Are there empty rentals in Fresno, CA?
Expect elevated vacancy in Fresno, CA. Rents at $2,349/mo are absorbed by the tenant base without meaningful lag.
You know 93727 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 93727 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 93727 ranks in Fresno, CA
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