Real Estate Investing in Del Monte Forest, California (93953)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 93953 (Del Monte Forest, 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: 45.9% of homes vacant — above national norms.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- High price-to-rent: Price-to-rent ratio 75.3 — 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 Del Monte Forest, CA (93953)?
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Market Analysis: 93953 Del Monte Forest
This part of Monterey County is not an easy win. The 93953 ZIP stands at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Distressed markets are won on execution, not on spreadsheets. ZIP 93953 shows the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
In the broader CA picture, 93953 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
The demographic picture in 93953 includes headwinds that any investor should price in. Income distribution skews lower than Del Monte Forest averages, and tenant stability requires active management.
The right play in 93953 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Del Monte Forest:
Property Strategy for 93953
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $1,392,725 | $3,510 | 1.8% | +8.8% | $696,362 |
| 3BR | $2,317,555 | $4,860 | 1.5% | +8.2% | $772,518 |
| 4BR | $3,506,359 | $5,350 | 1.1% | +8.7% | $876,590 |
| 5BR | $8,134,354 | — | — | +6.8% | $1,626,871 |
Market Trends
Home Value History (with trend line)
📊 How Does 93953 Compare?
| Metric | 93953 | Del Monte Forest | Salinas, CA | California |
|---|---|---|---|---|
| Home Value | $2,855,508 | $2,855,508 | N/A | $761,003 |
| 5-Year CAGR | 5.7% | 5.7% | N/A | 5.7% |
| Avg Rent | $3,159 | $3,159 | N/A | - |
| Cap Rate | 0.9% | 0.9% | - | - |
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 93953 (Del Monte Forest, CA). Anonymous, moderated, never written by AI.
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Property managers serving Monterey County
Manage rentals here? List your business →36 North Property Management is a leader in Monterey County, providing property management services. summary from their website
A. G. Davi Property Management is a full-service property management company in Monterey, California, offering commercial, long-term residential, and vacation rental management services. summary from their website
Creative Property Management is a premier property manager on the Monterey Peninsula, offering residential and commercial income property management services with over 40 years of experience. 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 | $2,855,508 |
| Monthly Rent | $3,159 |
| Price-to-Rent | 75.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 1.3% |
| Cap Rate | 0.9% |
| 5-Year IRR | 6.6% |
📈 Home Appreciation
| 1-Year | +7.9% ▲ |
| 3-Year CAGR | +4.0% ▲ |
| 5-Year CAGR | +5.7% ▲ |
| 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 (0.9%). 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 93953
Population: 3,576
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 93953
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Pacific Grove High
Forest Grove Elementary
Pacific Grove Middle
Robert Down Elementary
Community High (Continuation)
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 3,495 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How does Del Monte Forest, CA stack up for property investment?
Yes - Del Monte Forest, CA a 3.0/5 investability score. With $2.9M home prices against $3,159/mo monthly rent, the market delivers a reasonable entry point for new investors.
What do landlords charge for rent in Del Monte Forest, CA?
Expect rents around $3,159/mo per month in Del Monte Forest, CA. With home values at $2.9M, the yield math works out to reasonable levels for rental investors.
What strategy should investors use in Del Monte Forest, CA?
A careful cash-flow rentals with hands-on management strategy Del Monte Forest, CA best. The market produces reliable results for that approach at the $2.9M price point.
How quickly do rentals get leased in Del Monte Forest, CA?
Del Monte Forest, CA carries elevated vacancy risk. Expect even-keeled absorption at market rents of $3,159/mo.
How do home values compare in Del Monte Forest, CA?
Homes in Del Monte Forest, CA typically sell near $2.9M. Prices have moved at a 0.0% 5-year CAGR, which predictable long-term demand.
You know 93953 now. You don’t know where it ranks.
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How 93953 ranks in Salinas, CA
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