Real Estate Investing in Modesto, California (95357)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 95357 (Modesto, 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.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Modesto, CA (95357)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 95357 Modesto
In practical terms, ZIP 95357 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $508K median. It rewards specialists, not generalists.
Rent of $2,079/mo on a $508K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 95357 sits below the stated 0.0% once reality is priced in.
The gap between 95357 and stronger Modesto ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Who lives in 95357 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Experienced landlords with local relationships tend to find 95357 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 Modesto:
Property Strategy for 95357
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $474,771 | $2,310 | 3.5% | +5.4% | $237,385 |
| 3BR | $467,298 | $3,210 | 4.9% | +5.9% | $155,766 |
| 4BR | $507,471 | $3,710 | 5.3% | +5.8% | $126,868 |
| 5BR | $603,541 | — | — | +5.9% | $120,708 |
Market Trends
Home Value History (with trend line)
📊 How Does 95357 Compare?
| Metric | 95357 | Modesto | Modesto, CA | California |
|---|---|---|---|---|
| Home Value | $508,470 | $288,024 | N/A | $761,003 |
| 5-Year CAGR | 2.6% | 2.8% | N/A | 5.7% |
| Avg Rent | $2,079 | $2,019 | N/A | - |
| Cap Rate | 3.2% | 3.5% | - | - |
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 95357 (Modesto, CA). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 95357 (Modesto, CA)?
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Property managers serving Stanislaus County
Manage rentals here? List your business →summary from their website summary from their website
Liberty Property Management offers services for Homeowners Associations, residential and commercial property management, and rental assistance in Stanislaus County and surrounding cities. summary from their website
Valley Oak Property Management provides property management services in Modesto and Stanislaus County, including Ceres, Escalon, and Manteca. 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 | $508,470 |
| Monthly Rent | $2,079 |
| Price-to-Rent | 20.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.9% |
| Cap Rate | 3.2% |
| 5-Year IRR | 5.8% |
📈 Home Appreciation
| 1-Year | +1.4% ▲ |
| 3-Year CAGR | +1.9% ▲ |
| 5-Year CAGR | +2.6% ▲ |
| 10-Year CAGR | +6.0% ▲ |
🏠 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 (3.2%). 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 95357
Population: 14,283
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 95357
Schools in This ZIP Code
Nearby Schools (2 more)
Schools in adjacent ZIP codes that may serve this area
Teel School in Empire
Empire Elementary
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 10,818 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How tight is the rental market in Modesto, CA?
Modesto, CA carries elevated vacancy risk. Expect reliable absorption at market rents of $2,079/mo.
How do experienced investors play Modesto, CA?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Modesto, CA. The numbers - $508K homes against $2,079/mo rents - support that play.
What do landlords charge for rent in Modesto, CA?
Rent in Modesto, CA is around $2,079/mo. The resulting rent-to-value relationship with $508K pricing is reasonable for most investor models.
How qualified is the tenant pool in Modesto, CA?
Expect a solid tenant pool in Modesto, CA. The rental market absorbs $2,079/mo rents without meaningful friction.
Is Modesto, CA a good place for real estate investing?
Modesto, CA stands at an investability rating of 3.0/5, with median home values near $508K and average rents around $2,079/mo. That combination puts it in the significant tier for investor interest.
You know 95357 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 95357 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 95357 ranks in Modesto, CA
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