Location: San Francisco, CA | Metro: San Francisco, CA HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $2,470 |
| 1 Bedroom | $2,880 |
| 2 Bedrooms | $3,540 |
| 3 Bedrooms | $4,630 |
| 4 Bedrooms | $5,210 |
| 5 Bedrooms | $6,044 |
| 6 Bedrooms | $6,769 |
| 7 Bedrooms | $7,311 |
| 8 Bedrooms | $7,677 |
The ZIP code 94146, located in San Francisco, CA, presents a unique opportunity for real-estate investors. On the yield axis, the Fair Market Rent (FMR) for ZIP 94146 is set at $3,220 for fiscal year 2024, indicating a robust rental market. However, the median home value in this ZIP code stands at $1,774,244, which is significantly higher than the national average and suggests a challenging market entry point for new investors.
Regarding stability, specific data such as the percentage of renters, average days on market (DOM), and income levels were not directly available from the sources provided. Nonetheless, San Francisco's strong economy and high demand for rental properties generally imply a stable tenant base. The high median home value also indicates a relatively affluent population, which could support consistent rental income.
Given these factors, ZIP 94146 leans towards being a steady-cashflow zone. While the high median home value might limit the potential for quick flips or speculative investments, the solid rental market and likely stable tenant demographics provide a reliable source of income for long-term holdings. The FMR of $3,220 ensures that landlords can set competitive rental prices, supporting steady cash flow despite the high costs associated with purchasing property in this area.
Data Sources: FMR data from HUD (2027).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.