Real Estate Investing in Marina, California (93933)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 93933 (Marina, CA)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
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 Marina, CA (93933)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 93933 Marina
This part of Monterey County is not an easy win. The 93933 ZIP comes in at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Rent of $3,451/mo on a $871K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 93933 sits below the stated 0.0% once reality is priced in.
Nearby ZIPs in Marina have seen price recovery that 93933 has not matched. Monterey County data supports the view that the spread is structural rather than temporary.
Resident income in 93933 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Strategy in 93933 is an operator game, not a passive one. Looking more closely, entry prices of $871K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Marina:
Property Strategy for 93933
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $570,595 | $2,690 | 3.4% | +3.5% | $285,298 |
| 3BR | $829,937 | $3,630 | 3.1% | +5.0% | $276,646 |
| 4BR | $964,977 | $3,950 | 2.9% | +5.6% | $241,244 |
| 5BR | $1,312,761 | — | — | — | $262,552 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 93933 Compare?
| Metric | 93933 | Marina | Salinas, CA | California |
|---|---|---|---|---|
| Home Value | $871,178 | $871,178 | N/A | $761,003 |
| 5-Year CAGR | 2.4% | 2.4% | N/A | 5.7% |
| Avg Rent | $3,451 | $3,451 | N/A | - |
| Cap Rate | 3.1% | 3.1% | - | - |
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 93933 (Marina, CA). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 93933 (Marina, CA)?
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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 | $871,178 |
| Monthly Rent | $3,451 |
| Price-to-Rent | 21.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.8% |
| Cap Rate | 3.1% |
| 5-Year IRR | 5.5% |
📈 Home Appreciation
| 1-Year | +1.5% ▲ |
| 3-Year CAGR | +1.0% ▲ |
| 5-Year CAGR | +2.4% ▲ |
| 10-Year CAGR | +5.5% ▲ |
🏠 Rent Trends
| 1-Year | +3.8% ▲ |
| 3-Year CAGR | +5.0% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.1%). 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 93933
Population: 27,617
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 93933
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 5,826 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How expensive is real estate in Marina, CA?
Typical homes in Marina, CA go for around $871K. The 5-year CAGR of 0.0% measured price movement.
What is the typical rental rate in Marina, CA?
Rents in Marina, CA run near $3,451/mo. Compared with median home prices of $871K that produces solid gross yields for typical rentals.
How do experienced investors play Marina, CA?
In Marina, CA the impressive play is typically careful cash-flow rentals with hands-on management. The combination of $871K prices and $3,451/mo rents suits that approach.
Does house hacking make sense in Marina, CA?
House hacking in Marina, CA is a challenging. With home values around $871K and rents at $3,451/mo, owner-occupants can offset a meaningful share of PITI.
What is it like being a landlord in Marina, CA?
Rental owners in Marina, CA deal with a tenant-protective legal framework. Most standard eviction processes run on reasonable timelines.
You know 93933 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 93933 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 93933 ranks in Salinas, CA
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