Real Estate Investing in Soledad, California (93960)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 93960 (Soledad, 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 Soledad, CA (93960)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 93960 Soledad
The 93960 ZIP covers a section of Soledad that demands careful diligence. Prices near $646K look accessible, but the work to make a deal cash flow is real.
The 93960 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 93960 trails on several market indicators that neighboring Monterey County submarkets outperform. The gap is real and notable enough to shape underwriting.
Employment concentration in 93960 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Experienced landlords with local relationships tend to find 93960 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Soledad:
Property Strategy for 93960
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $463,824 | $2,690 | 4.2% | +5.3% | $231,912 |
| 3BR | $575,802 | $3,630 | 4.5% | +6.2% | $191,934 |
| 4BR | $630,957 | $3,950 | 4.5% | +6.8% | $157,739 |
| 5BR | $714,302 | — | — | +7.3% | $142,860 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 93960 Compare?
| Metric | 93960 | Soledad | Salinas, CA | California |
|---|---|---|---|---|
| Home Value | $646,010 | $646,010 | N/A | $761,003 |
| 5-Year CAGR | 4.2% | 4.2% | N/A | 5.7% |
| Avg Rent | $2,750 | $2,750 | N/A | - |
| Cap Rate | 3.3% | 3.3% | - | - |
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 93960 (Soledad, CA). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 93960 (Soledad, 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 | $646,010 |
| Monthly Rent | $2,750 |
| Price-to-Rent | 19.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.1% |
| Cap Rate | 3.3% |
| 5-Year IRR | 7.5% |
📈 Home Appreciation
| 1-Year | +5.4% ▲ |
| 3-Year CAGR | +3.5% ▲ |
| 5-Year CAGR | +4.2% ▲ |
| 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 (3.3%). 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 93960
Population: 25,736
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 93960
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
Frequently Asked Questions
Which investment style suits Soledad, CA?
A careful cash-flow rentals with hands-on management strategy Soledad, CA best. The market produces stable results for that approach at the $646K price point.
Are tenants stable in Soledad, CA?
Working renters make up the core of the Soledad, CA tenant base. The pool is reasonable for investors targeting long-term holds.
What are home prices like in Soledad, CA?
The median home value in Soledad, CA is roughly $646K. That puts it reasonable relative to the CA statewide average.
How strict are landlord regulations in Soledad, CA?
Rental owners in Soledad, CA deal with a tenant-protective legal framework. Most standard eviction processes run on reasonable timelines.
Is Soledad, CA good for house hacking?
The house hack math a challenging in Soledad, CA. Owner-occupant buyers benefit from the $2,750/mo rents and $646K home values.
You know 93960 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 93960 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 93960 ranks in Salinas, CA
Every ZIP in this metro, ranked. Free.
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