Real Estate Investing in Murphys, California (95233)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 95233 (Murphys, CA)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 50.6% of homes vacant — above national norms.
- Flat appreciation: Values have barely moved over 5 years (1.3% CAGR).
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- Elevated poverty: 32.8% poverty rate — can affect rent collection.
• 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 Murphys, CA (95233)?
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Market Analysis: 95233 Murphys
The 95233 ZIP covers a section of Murphys that demands careful diligence. Prices near $370K look accessible, but the work to make a deal cash flow is real.
Distressed markets are won on execution, not on spreadsheets. ZIP 95233 clocks in at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Statewide comparisons place 95233 among CA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Looking more closely, 204 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Strategy in 95233 is an operator game, not a passive one. Turning to rents, entry prices of $370K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Murphys:
Market Trends
Home Value History (with trend line)
📊 How Does 95233 Compare?
| Metric | 95233 | Murphys | Sonora, CA | California |
|---|---|---|---|---|
| Home Value | $369,957 | $426,459 | N/A | $761,003 |
| 5-Year CAGR | 1.3% | 1.1% | N/A | 5.7% |
| Avg Rent | $1,602 | $1,530 | N/A | - |
| Cap Rate | 3.4% | 2.8% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 95233 (Murphys, CA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $369,957 |
| Monthly Rent | $1,602 |
| Price-to-Rent | 19.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.2% |
| Cap Rate | 3.4% |
| 5-Year IRR | 4.7% |
📈 Home Appreciation
| 1-Year | -0.5% ▼ |
| 3-Year CAGR | +0.6% ▲ |
| 5-Year CAGR | +1.3% ▲ |
| 10-Year CAGR | +5.3% ▲ |
🏠 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 (3.4%). 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.
Demographics in 95233
Population: 204
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
🎓 Nearby Colleges & Universities
Investor Insight: With 1,387 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the average monthly rent in Murphys, CA?
Rental rates in Murphys, CA average $1,602/mo. Tenant demand and $370K home values make the yield look reasonable by investor standards.
How strong is the working-renter base in Murphys, CA?
Working renters make up the core of the Murphys, CA tenant base. The pool is reasonable for investors targeting long-term holds.
What is the smart move for investors in Murphys, CA?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Murphys, CA. The numbers - $370K homes against $1,602/mo rents - support that play.
Is Murphys, CA a friendly market for rental owners?
The landlord environment in Murphys, CA is tenant-protective. Statewide rules shape most day-to-day operations for rental owners.
Is housing expensive in Murphys, CA?
In Murphys, CA the median home value sits at $370K. Against the broader CA market, that reads as reasonable for most investors.
You know 95233 now. You don’t know where it ranks.
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How 95233 ranks in Sonora, CA
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