Real Estate Investing in Davenport, California (95017)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Santa Cruz County • Population: 738 • Data updated: September 2026

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Should you buy in 95017 (Davenport, CA)? Our answer, based on the numbers below.

🏠 For Homebuyers
WEAK FIT
Grade F (19/100)

Multiple negative signals. Better options likely exist nearby.

📈 For Investors
WEAK
2.0 / 5 (33/100)

Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.

⚠️ Risks to Know
3 flags
  • High vacancy: 14.3% of homes vacant — above national norms.
  • Declining values: -1.6% 5-year CAGR — values have moved lower.
  • Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.

• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Davenport, CA (95017)?

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2.0/ 5

Investability

Overall investment appeal

1.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $992,795
Avg Monthly Rent $4,320
1% Rule ✗ Does Not Meet
Median Income $78,542
% Renters 54.5%

Market Analysis: 95017 Davenport

Not every below-median market is a bargain. Davenport's 95017 ZIP shows signals that favor experienced operators who can absorb the risk $993K pricing implies.

For an experienced owner, 95017 can be a a strong candidate for hunting ground — but the discount at $993K reflects genuine risk that outside investors often underestimate.

ZIP 95017's metrics run below Santa Cruz County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.

Employment concentration in 95017 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.

The right play in 95017 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Davenport:

D Needs Caution
Buy Confidence Score: 35/100
Affordability
0/25
Appreciation
5/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Expensive
Homes cost 12.6× the median income
Value Trend
Stable (+2.6%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $4,320/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.
⚖️
BALANCED MARKET
Santa Cruz-Watsonville, CA Metro Area
Even conditions for buyers and sellers
50 days
Average time to sell
Average
9.6%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Santa Cruz-Watsonville, CA metro data

Market Trends

Home Value History (with trend line)

$1.2M$1.1M$927K$779K$631K$484KJan 2014May 2020Jul 2026

📊 How Does 95017 Compare?

Metric 95017 Davenport Santa Cruz-Watsonville, CA California
Home Value $992,795 $992,795 N/A $761,003
5-Year CAGR N/A N/A N/A 5.7%
Avg Rent $4,320 $4,320 N/A -
Cap Rate 3.4% 3.4% - -
💡 Why Invest in 95017? Click to expand

55% of households rent in this area, creating consistent tenant demand for landlords.

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 95017 (Davenport, CA). Anonymous, moderated, never written by AI.

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Property managers serving Santa Cruz County

Manage rentals here? List your business →

Distinct Property Management is a Santa Cruz Property Management Company. summary from their website

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Pilot Property Management, Inc. provides HOA and Community Association Management, Developer Services, Escrow Services, and Commercial Property Management in various California counties and other stat summary from their website

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PURE Property Management Silicon Valley Office. summary from their website

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Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Investability
Fair
Cap Rate
3.4%
Low
5yr Growth
-1.6%
Declining

📊 Market Snapshot

Home Value $992,795
Monthly Rent $4,320
Price-to-Rent 19.2:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 5.2%
Cap Rate 3.4%
5-Year IRR 1.8%

📈 Home Appreciation

1-Year +2.6% ▲
3-Year CAGR -2.5% ▼
5-Year CAGR -1.6% ▼
10-Year CAGR +3.4% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.4%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.4%). 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.

Vacancy
14.3%
Moderate risk
Landlord Climate
1.0/5
Protective
Value Trend (5yr)
-1.6%
Flat
Eviction process: Very Slow Rent control: Unfavorable

Demographics in 95017

Population: 738

💰 Median Household Income
$78,542
This area
$78,542
State
$94,164
USA
$74,580
🏠 Renter Occupied
54.5%
This area
54.5%
State
39.3%
USA
34.0%
💼 Unemployment Rate
4.0%
This area
4.0%
State
-16.6%
USA
3.7%
🎓 College Educated
35.4%
This area
35.4%
State
7.7%
USA
33.7%
👤 Median Age
38.2 years
This area
38.2 years
State
9.6 years
USA
38.9 years
🏚️ Vacancy Rate
14.3%
This area
14.3%
State
15.3%
USA
10.5%
👥 Population by Ethnicity
White 56.2%
Other/Mixed 41.4%
Hispanic/Latino 26.1%
Asian 2.3%
👶 Under 18
22.2%
This area
22.2%
USA
22.0%
👴 65 and Over
17.5%
This area
17.5%
USA
17.3%
📊 Poverty Rate
0.0%
This area
0.0%
USA
11.5%

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 95017

B Avg School Grade
1 Schools
20.4:1 Avg Class Size
$16,234 Avg Per Pupil

Schools in This ZIP Code

B Good

Pacific Elementary

📚 K – 06 School
👥
167 Students
👨‍🏫
20.4:1 Class Size
💰
$16,234 Per Student
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

1 Nearby 355 Off-Campus Students
B
University of California-Santa Cruz
19,764 students · 12.1 mi

Frequently Asked Questions

What monthly rent should investors expect in Davenport, CA?

Rents in Davenport, CA run near $4,320/mo. Compared with median home prices of $993K that produces solid gross yields for typical rentals.

How tight is the rental market in Davenport, CA?

Davenport, CA sees elevated vacancy, which is reasonable relative to the broader CA rental market.

How does Davenport, CA stack up for property investment?

The 2.0/5 investability rating in Davenport, CA reflects its $993K prices and $4,320/mo rents. Investors generally consider it a solid option within CA.

What is the median home value in Davenport, CA?

Davenport, CA median home values land near $993K. That is reasonable territory for investors looking at $4,320/mo-per-month rentals.

Is Davenport, CA suited for a house hack?

House hacking in Davenport, CA is reasonable to execute. Prices around $993K and rents of $4,320/mo solid owner-occupant economics.

You know 95017 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 95017 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.

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How 95017 ranks in Santa Cruz-Watsonville, CA

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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