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 rent math in ZIP 94159 does not work due to insufficient data. The Fair Market Rent (FMR) set by HUD for FY 2024 is $3220, but without specific market rent figures, it's impossible to determine if this aligns with what tenants are willing to pay. This discrepancy leaves potential landlords and investors in an uncertain position regarding profitability.
Acquisition affordability in ZIP 94159 cannot be assessed accurately because the median home value, days on market (DOM), and percentage of homes requiring price cuts are all unknown. These metrics are crucial for understanding how easily properties can be bought and resold, indicating the liquidity and risk involved in acquiring real estate in this area.
Tenant demand in ZIP 94159 remains unclear due to missing data on the population size and the percentage of renters. Without these figures, it's difficult to gauge whether there are enough potential tenants to fill rental properties and sustain a steady income stream.
Verdict: Due to the lack of comprehensive data, making informed decisions about investing in ZIP 94159 is challenging. The HUD Fair Market Rent of $3220 must be compared against actual market rents to ensure viability. Additionally, understanding the median home values, days on market, and the percentage of price cuts will provide insight into acquisition costs and risks. Lastly, knowing the population and renter share will clarify tenant demand. Until these gaps in information are filled, prudent investors should proceed with caution.
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.