Anaheim, CA — Rental Investment Analysis
🔴WEAK— appreciation play onlyCap Rate
2.0%
Below average
Monthly Cash Flow
-$3,702
After all expenses
Price-to-Rent
22.5
Overpriced for rent
DSCR
0.31
Fails
📊 Key Metrics
- Median Home Price
- $960,687
- Average Rent (3BR)
- $3,390/mo
- Price-to-Rent Ratio
- 22.5(high)
- 1% Rule
- 0.37%(fails — need 1%+)
- Cash-on-Cash Return
- -19.3%
- Vacancy Rate
- 8.0%
📈 Market Strength
- Unemployment Rate
- 5.3%(+1% vs national)
- Rent Growth (YoY)
- +2.9%(national avg)
- Population Growth
- -1.2% YoY
Assumptions Used
20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance
Customize these numbers →Property Tax Rate
0.71%
of assessed value (CA avg)
Median Income
$84,097
household (CA avg)
Rent-to-Income
48.4%
Stretched
Section 8 Max Rent
$3,390/mo
3BR voucher payment
🏛️ CA Investor Climate
Landlord Friendly
3/10
State Income Tax
Has state tax
Property Tax
0.71% effective
Population Trend
-1.2% (3yr)
📈 Population Movement (Tax Year 2021→2022)
Net Migration
-9,519 households
SHRINKING
Total Inflow
1,329,655
households moved in
Avg Income (New Residents)
$131,310
per household
Where they're coming from:
1.Orange Non-migrants, CA1,279,114 households · avg $131,888
2.Los Angeles, CA21,267 households · avg $112,116
3.Riverside, CA5,613 households · avg $81,572
4.San Diego, CA3,305 households · avg $98,783
5.San Bernardino, CA3,291 households · avg $85,816
Where residents are leaving to:
1.Orange Non-migrants, CA1,279,114 households
2.Los Angeles, CA16,322 households
3.Riverside, CA9,452 households
4.San Diego, CA3,940 households
5.San Bernardino, CA3,786 households
💡 Net outflow may indicate weakening demand — but can mean lower prices and higher cap rates.
🏘️ Best Zip Codes in Anaheim for Investors
All Zip Codes in Anaheim
| Zip | Cap Rate | Cash Flow | Home Price | Rent (3BR) | DSCR |
|---|---|---|---|---|---|
| 92805 | 2.1% | -$3,048 | $861,101 | $3,360/mo | 0.33 |
| 92801 | 2.1% | -$3,097 | $864,766 | $3,330/mo | 0.33 |
| 92806 | 2.0% | -$3,702 | $1,005,596 | $3,750/mo | 0.31 |
| 92808 | 1.9% | -$4,510 | $1,219,173 | $4,520/mo | 0.31 |
| 92807 | 1.9% | -$4,330 | $1,156,071 | $4,220/mo | 0.30 |
| 92804 | 1.8% | -$3,568 | $941,973 | $3,390/mo | 0.29 |
| 92802 | 1.7% | -$3,776 | $960,687 | $3,290/mo | 0.26 |