Real Estate Investing in Shingletown, California (96088)

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

Shasta County • Population: 4,552 • Data updated: September 2026

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Should you buy in 96088 (Shingletown, CA)? Our answer, based on the numbers below.

🏠 For Homebuyers
WEAK FIT
Grade F (36/100)

Multiple negative signals. Better options likely exist nearby.

📈 For Investors
WEAK
2.0 / 5 (33/100)

Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.

⚠️ Risks to Know
3 flags
  • High vacancy: 23.2% of homes vacant — above national norms.
  • Flat appreciation: Values have barely moved over 5 years (0.0% CAGR).
  • 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 Shingletown, CA (96088)?

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2.0/ 5

Investability

Overall investment appeal

1.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $324,791
Avg Monthly Rent $1,431
1% Rule ✗ Does Not Meet
Median Income $65,725
% Renters 12.5%

Market Analysis: 96088 Shingletown

Investors eyeing 96088 need to respect the fundamentals at play. Home values of $325K come alongside slower price movement and elevated management overhead.

From an investor standpoint, the numbers look inviting — $325K purchase price, 0.0% nominal cap — the work to hit that pro forma in 96088 is substantial and deserves full respect.

Statewide comparisons place 96088 among CA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.

Turning to rents, 4,552 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.

The right play in 96088 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 Shingletown:

C Below Average
Buy Confidence Score: 50/100
Affordability
10/25
Appreciation
10/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.9× the median income
Value Trend
Stable (+1.6%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,431/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 96088

Which property type performs best in this market?

Best for Cash Flow
3BR
4.5% cap rate
Best for Appreciation
3BR
+3.7% 5yr CAGR
Best Overall Value
4BR
$112,214/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
1BR $193,965 $1,210 4.5% +1.3% $193,965
2BR $265,807 $1,590 4.3% +1.9% $132,903
3BR $353,995 $2,210 4.5% +3.7% $117,998
4BR $448,857 $2,670 4.3% +2.7% $112,214

Market Trends

Home Value History (with trend line)

$372K$340K$307K$275K$242K$209KFeb 2016May 2021Jul 2026

📊 How Does 96088 Compare?

Metric 96088 Shingletown Redding, CA California
Home Value $324,791 $324,791 N/A $761,003
5-Year CAGR 0.0% 0.0% N/A 5.7%
Avg Rent $1,431 $1,431 N/A -
Cap Rate 3.4% 3.4% - -
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 96088 (Shingletown, CA). Anonymous, moderated, never written by AI.

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Investability
Fair
Cap Rate
3.4%
Low
5yr Growth
+0.0%
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 $324,791
Monthly Rent $1,431
Price-to-Rent 18.9:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 5.3%
Cap Rate 3.4%
5-Year IRR 3.5%

📈 Home Appreciation

1-Year +1.6% ▲
3-Year CAGR -1.1% ▼
5-Year CAGR +0.0% ▲
10-Year CAGR +3.9% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.4%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

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.

Vacancy
23.2%
Elevated risk
Landlord Climate
1.0/5
Protective
Value Trend (5yr)
+0.0%
Flat
Eviction process: Very Slow Rent control: Unfavorable

Demographics in 96088

Population: 4,552

💰 Median Household Income
$65,725
This area
$65,725
State
$94,164
USA
$74,580
🏠 Renter Occupied
12.5%
This area
12.5%
State
39.3%
USA
34.0%
💼 Unemployment Rate
2.8%
This area
2.8%
State
-16.6%
USA
3.7%
🎓 College Educated
19.9%
This area
19.9%
State
7.7%
USA
33.7%
👤 Median Age
58.4 years
This area
58.4 years
State
9.6 years
USA
38.9 years
🏚️ Vacancy Rate
23.2%
This area
23.2%
State
15.3%
USA
10.5%
👥 Population by Ethnicity
White 83.2%
Other/Mixed 14.9%
Hispanic/Latino 4.4%
Asian 1.0%
Black/African American 0.8%
👶 Under 18
10.4%
This area
10.4%
USA
22.0%
👴 65 and Over
38.3%
This area
38.3%
USA
17.3%
📊 Poverty Rate
4.6%
This area
4.6%
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 96088

B Avg School Grade
2 Schools
20.7:1 Avg Class Size
$25,387 Avg Per Pupil

Schools in This ZIP Code

B+ Above Average

Black Butte Elementary

📚 K – 05 Elementary
👥
167 Students
👨‍🏫
19.0:1 Class Size
💰
$25,387 Per Student
B Good

Black Butte Junior High

📚 06 – 08 Middle
👥
79 Students
👨‍🏫
22.3:1 Class Size
💰
$25,387 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

What approach is best for Shingletown, CA real estate?

Shingletown, CA investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($325K prices, $1,431/mo rents) make it a reasonable choice.

How do landlord-tenant laws work in Shingletown, CA?

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

Is real estate in Shingletown, CA a good investment right now?

Investors tracking Shingletown, CA will find a 2.0/5 rating supported by $325K median home values and $1,431/mo rents. That profile suits long-term holders targeting reliable returns.

Is Shingletown, CA a good market for FHA house hackers?

House hacking in Shingletown, CA is a challenging. With home values around $325K and rents at $1,431/mo, owner-occupants can offset a meaningful share of PITI.

Is the tenant base reliable in Shingletown, CA?

Tenant quality in Shingletown, CA ranks as solid. Landlords generally report even-keeled occupancy at market rents of $1,431/mo.

You know 96088 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 96088 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 96088 ranks in Redding, CA

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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