Real Estate Investing in Clearlake, California (95422)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 95422 (Clearlake, CA)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 26.1% of homes vacant — above national norms.
- Declining values: -0.4% 5-year CAGR — values have moved lower.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- Higher unemployment: 7.9% unemployment — tenant risk signal.
What’s happening in Clearlake, CA (95422)?
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Market Analysis: 95422 Clearlake
Investors eyeing 95422 need to respect the fundamentals at play. Home values of $208K come alongside slower price movement and elevated management overhead.
Stepping back, the numbers look inviting — $208K purchase price, 0.0% nominal cap — the work to hit that pro forma in 95422 is substantial and deserves full respect.
Nearby ZIPs in Clearlake have seen price recovery that 95422 has not matched. Lake County data supports the view that the spread is structural rather than temporary.
The 95422 ZIP's population of 17,101 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that registers the need for careful underwriting.
Distressed ZIPs reward experience. solid returns are possible in 95422, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Clearlake:
Property Strategy for 95422
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $106,795 | $1,110 | 7.5% | -2.3% | $106,795 |
| 2BR | $170,559 | $1,460 | 6.2% | +1.1% | $85,280 |
| 3BR | $249,564 | $2,030 | 5.9% | +3.4% | $83,188 |
| 4BR | $294,096 | $2,450 | 6.0% | +3.4% | $73,524 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 95422 Compare?
| Metric | 95422 | Clearlake | Clearlake, CA | California |
|---|---|---|---|---|
| Home Value | $207,806 | $237,734 | N/A | $761,003 |
| 5-Year CAGR | N/A | N/A | N/A | 5.7% |
| Avg Rent | $1,363 | $1,379 | N/A | - |
| Cap Rate | 5.1% | 4.6% | - | - |
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 95422 (Clearlake, CA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $207,806 |
| Monthly Rent | $1,363 |
| Price-to-Rent | 12.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.9% |
| Cap Rate | 5.1% |
| 5-Year IRR | 4.7% |
📈 Home Appreciation
| 1-Year | +1.5% ▲ |
| 3-Year CAGR | -2.3% ▼ |
| 5-Year CAGR | -0.4% ▼ |
| 10-Year CAGR | +6.4% ▲ |
🏠 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 (5.1%). 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 95422
Population: 17,101
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 95422
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.
Frequently Asked Questions
Which real estate strategy fits Clearlake, CA?
For Clearlake, CA, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
How qualified is the tenant pool in Clearlake, CA?
Working renters make up the core of the Clearlake, CA tenant base. The pool is reasonable for investors targeting long-term holds.
Are homes affordable in Clearlake, CA?
Typical homes in Clearlake, CA go for around $208K. The 5-year CAGR of 0.0% consistent price movement.
Is house hacking profitable in Clearlake, CA?
For house hackers, Clearlake, CA is a challenging. The $1,363/mo rent on a unit helps defray the mortgage on a $208K property.
Is Clearlake, CA good for landlords?
Rental owners in Clearlake, CA deal with a tenant-protective legal framework. Most standard eviction processes run on reasonable timelines.
You know 95422 now. You don’t know where it ranks.
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How 95422 ranks in Clearlake, CA
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