Real Estate Investing in Bieber, California (96009)

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

Lassen County • Population: 380 • Data updated: September 2026

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Should you buy in 96009 (Bieber, CA)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (46/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
3 flags
  • High vacancy: 44.8% 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 Bieber, CA (96009)?

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3.0/ 5

Investability

Overall investment appeal

1.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $210,715
Avg Monthly Rent $1,152
1% Rule ✗ Does Not Meet
Median Income $47,054
% Renters 31.5%

Market Analysis: 96009 Bieber

ZIP 96009 inside Lassen County looks affordable on the surface — median value of $211K — but the discount exists for reasons that a careful buyer should understand before committing.

Distressed markets are won on execution, not on spreadsheets. ZIP 96009 shows the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.

The gap between 96009 and stronger Bieber ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.

Stepping back, 380 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.

New investors are better served looking at Bieber's stable or hybrid ZIPs before stepping into 96009. The learning curve here is expensive when the lesson is wrong.

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 Bieber:

D Needs Caution
Buy Confidence Score: 48/100
Affordability
15/25
Appreciation
5/25
Stability
7/20
Timing
6/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.5× the median income
Value Trend
Stable (+2.6%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,152/mo if you need to move
Market Conditions
WARM
Seller-favorable conditions, steady activity
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.
☀️
WARM MARKET
Susanville, CA Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
4.9%
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 Susanville, CA metro data

Market Trends

Home Value History (with trend line)

$240K$209K$178K$147K$116K$85KJun 2007Jan 2017Jul 2026

📊 How Does 96009 Compare?

Metric 96009 Bieber Susanville, CA California
Home Value $210,715 $210,715 N/A $761,003
5-Year CAGR N/A N/A N/A 5.7%
Avg Rent $1,152 $1,152 N/A -
Cap Rate 4.3% 4.3% - -
💡 Why Invest in 96009? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 96009 (Bieber, CA). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
4.3%
Fair
5yr Growth
-1.6%
Declining

📉 Market Crash Risk Index

Based on Susanville, CA metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
0%
Days Pending
0/2
0 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $210,715
Monthly Rent $1,152
Price-to-Rent 15.2:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 6.6%
Cap Rate 4.3%
5-Year IRR 2.7%

📈 Home Appreciation

1-Year +2.6% ▲
3-Year CAGR -0.9% ▼
5-Year CAGR -1.6% ▼
10-Year CAGR +4.3% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.3%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.3%). 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.

Vacancy
44.8%
Elevated risk
Landlord Climate
1.0/5
Protective
Value Trend (5yr)
-1.6%
Flat
Eviction process: Very Slow Rent control: Unfavorable

Demographics in 96009

Population: 380

💰 Median Household Income
$47,054
This area
$47,054
State
$94,164
USA
$74,580
🏠 Renter Occupied
31.5%
This area
31.5%
State
39.3%
USA
34.0%
💼 Unemployment Rate
0.0%
This area
0.0%
State
-16.6%
USA
3.7%
🎓 College Educated
12.3%
This area
12.3%
State
7.7%
USA
33.7%
👤 Median Age
50.1 years
This area
50.1 years
State
9.6 years
USA
38.9 years
🏚️ Vacancy Rate
44.8%
This area
44.8%
State
15.3%
USA
10.5%
👥 Population by Ethnicity
White 98.4%
Hispanic/Latino 1.6%
Other/Mixed 1.6%
👶 Under 18
23.9%
This area
23.9%
USA
22.0%
👴 65 and Over
24.3%
This area
24.3%
USA
17.3%
📊 Poverty Rate
14.3%
This area
14.3%
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 96009

B+ Avg School Grade
2 Schools
13.6:1 Avg Class Size
$23,752 Avg Per Pupil

Schools in This ZIP Code

A Very Good

Big Valley Jr. Sr. High

📚 07 – 12 High School
👥
49 Students
👨‍🏫
7.5:1 Class Size
💰
$23,752 Per Student
B Good

Big Valley Elementary

📚 K – 07 School
👥
68 Students
👨‍🏫
19.8:1 Class Size
💰
$23,752 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.

Frequently Asked Questions

Do landlords face vacancy issues in Bieber, CA?

Bieber, CA carries elevated vacancy risk. Expect even-keeled absorption at market rents of $1,152/mo.

Are landlord laws favorable in Bieber, CA?

The landlord environment in Bieber, CA is tenant-protective. Statewide rules shape most day-to-day operations for rental owners.

What are rental rates like in Bieber, CA?

Investors in Bieber, CA typically see rents near $1,152/mo per month against $211K home values - a solid setup for rental cash flow.

Does a duplex house hack pencil in Bieber, CA?

The house hack math a challenging in Bieber, CA. Owner-occupant buyers benefit from the $1,152/mo rents and $211K home values.

Should investors consider Bieber, CA?

Bieber, CA scores 3.0/5 for investability. Home values sit at $211K and rents near $1,152/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.

You know 96009 now. You don’t know where it ranks.

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How 96009 ranks in Susanville, CA

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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