Real Estate Investing in Shasta Lake, California (96019)

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

Shasta County • Population: 10,413 • Data updated: September 2026

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Should you buy in 96019 (Shasta Lake, CA)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (60/100)

Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.

📈 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
1 flag
  • Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.

What’s happening in Shasta Lake, CA (96019)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $306,610
Avg Monthly Rent $1,763
1% Rule ✗ Does Not Meet
Median Income $53,776
% Renters 37.8%

Market Analysis: 96019 Shasta Lake

ZIP 96019 inside Shasta County looks affordable on the surface — median value of $307K — but the discount exists for reasons that a careful buyer should understand before committing.

Rent of $1,763/mo on a $307K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 96019 sits below the stated 0.0% once reality is priced in.

In the broader CA picture, 96019 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.

Resident income in 96019 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.

The right play in 96019 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.

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 Shasta Lake:

C Below Average
Buy Confidence Score: 58/100
Affordability
10/25
Appreciation
14/25
Stability
11/20
Timing
8/15
Rental backup
15/15
Affordability
Expensive
Homes cost 5.7× the median income
Value Trend
Rising (+4.6%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,763/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.
⚖️
BALANCED MARKET
Redding, CA Metro Area
Even conditions for buyers and sellers
50 days
Average time to sell
Average
8.4%
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 Redding, CA metro data
🏠

Property Strategy for 96019

Which property type performs best in this market?

Best for Cash Flow
2BR
5.3% cap rate
Best for Appreciation
3BR
+3.8% 5yr CAGR
Best Overall Value
4BR
$98,502/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $214,030 $1,590 5.3% +2.2% $107,015
3BR $307,557 $2,210 5.2% +3.8% $102,519
4BR $394,009 $2,670 4.9% +3.6% $98,502

Market Trends

Home Value History (with trend line)

$321K$288K$255K$223K$190K$157KFeb 2016May 2021Jul 2026

Rent History (with trend line)

$1,786$1,774$1,762$1,751$1,739$1,727Mar 2026May 2026Jun 2026

📊 How Does 96019 Compare?

Metric 96019 Shasta Lake Redding, CA California
Home Value $306,610 $306,610 N/A $761,003
5-Year CAGR 2.0% 2.0% N/A 5.7%
Avg Rent $1,763 $1,763 N/A -
Cap Rate 4.5% 4.5% - -
💡 Why Invest in 96019? Click to expand

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

A healthy rental market with 38% renter-occupied households ensures tenant availability.

📊 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 96019 (Shasta Lake, CA). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
4.5%
Fair
5yr Growth
+2.0%
Slow

📉 Market Crash Risk Index

Based on Redding, CA metro

1/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
45%
Days Pending
1/2
50 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $306,610
Monthly Rent $1,763
Price-to-Rent 14.5:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 6.9%
Cap Rate 4.5%
5-Year IRR 6.5%

📈 Home Appreciation

1-Year +4.6% ▲
3-Year CAGR +1.3% ▲
5-Year CAGR +2.0% ▲
10-Year CAGR +6.2% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.5%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.5%). 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
7.8%
Low risk
Landlord Climate
1.0/5
Protective
Value Trend (5yr)
+2.0%
Stable
Eviction process: Very Slow Rent control: Unfavorable

Demographics in 96019

Population: 10,413

💰 Median Household Income
$53,776
This area
$53,776
State
$94,164
USA
$74,580
🏠 Renter Occupied
37.8%
This area
37.8%
State
39.3%
USA
34.0%
💼 Unemployment Rate
4.4%
This area
4.4%
State
-16.6%
USA
3.7%
🎓 College Educated
13.6%
This area
13.6%
State
7.7%
USA
33.7%
👤 Median Age
38.9 years
This area
38.9 years
State
9.6 years
USA
38.9 years
🏚️ Vacancy Rate
7.8%
This area
7.8%
State
15.3%
USA
10.5%
👥 Population by Ethnicity
White 83.8%
Other/Mixed 14.9%
Hispanic/Latino 3.3%
Asian 1.4%
Black/African American 0.1%
👶 Under 18
23.2%
This area
23.2%
USA
22.0%
👴 65 and Over
18.2%
This area
18.2%
USA
17.3%
📊 Poverty Rate
11.9%
This area
11.9%
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 96019

B Avg School Grade
6 Schools
16.3:1 Avg Class Size
$16,745 Avg Per Pupil

Schools in This ZIP Code

B Good

Central Valley High

📚 09 – 12 High School
👥
583 Students
👨‍🏫
20.8:1 Class Size
💰
$16,745 Per Student
B Good

Grand Oaks Elementary

📚 K – 05 Elementary
👥
315 Students
👨‍🏫
20.3:1 Class Size
💰
$16,745 Per Student
B Good

Shasta Lake

📚 K – 08 School
👥
614 Students
👨‍🏫
18.3:1 Class Size
💰
$16,745 Per Student
B Good

Mountain Lakes High

📚 10 – 12 High School
👥
60 Students
👨‍🏫
11.9:1 Class Size
💰
$16,745 Per Student
B Good

Gateway Community Day

📚 07 – 12 High School
👥
18 Students
👨‍🏫
7.2:1 Class Size
💰
$16,745 Per Student
C+ Average

Gateway Educational Options

📚 K – 12 K-12
👥
77 Students
👨‍🏫
19.3:1 Class Size
💰
$16,745 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.

🎓 Nearby Colleges & Universities

4 Nearby 2,642 Off-Campus Students
C+
Shasta College
8,081 students · 6.0 mi
D
Simpson University
907 students · 6.2 mi
C
Shasta School of Cosmetology
101 students · 6.3 mi
D
Shasta Bible College and Graduate School
20 students · 9.5 mi

Investor Insight: With 2,642 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

What is the average home sale price in Shasta Lake, CA?

The median home value in Shasta Lake, CA is roughly $307K. That puts it reasonable relative to the CA statewide average.

Is Shasta Lake, CA good for landlords?

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

What kind of tenants rent in Shasta Lake, CA?

Expect a solid tenant pool in Shasta Lake, CA. The rental market absorbs $1,763/mo rents without meaningful friction.

Are rents high in Shasta Lake, CA?

The typical rental in Shasta Lake, CA commands about $1,763/mo monthly. That rent profile steady cash flow against the $307K purchase basis.

How quickly do rentals get leased in Shasta Lake, CA?

Shasta Lake, CA vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.

You know 96019 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 96019 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.

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How 96019 ranks in Redding, CA

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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