Real Estate Investing in San Francisco, California (94111)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 94111 (San Francisco, CA)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 14.3% of homes vacant — above national norms.
- Declining values: -0.2% 5-year CAGR — values have moved lower.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in San Francisco, CA (94111)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 94111 San Francisco
ZIP 94111 inside San Francisco County looks affordable on the surface — median value of $1.1M — but the discount exists for reasons that a careful buyer should understand before committing.
Rent of $4,090/mo on a $1.1M basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 94111 sits below the stated 0.0% once reality is priced in.
In the broader CA picture, 94111 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
A significant renter share of 79% in 94111 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
tilts toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in San Francisco:
Property Strategy for 94111
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $728,140 | $3,210 | 3.2% | -3.6% | $728,140 |
| 2BR | $1,290,994 | $3,890 | 2.2% | -3.5% | $645,497 |
| 3BR | $1,956,310 | $4,970 | 1.8% | -2.4% | $652,103 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 94111 Compare?
| Metric | 94111 | San Francisco | San Francisco-Oakland-Berkeley, CA | California |
|---|---|---|---|---|
| Home Value | $1,112,850 | $693,502 | N/A | $761,003 |
| 5-Year CAGR | N/A | N/A | N/A | 5.7% |
| Avg Rent | $4,090 | $4,437 | N/A | - |
| Cap Rate | 2.9% | 2.6% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 94111 (San Francisco, CA). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 94111 (San Francisco, CA)?
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Property managers serving San Francisco County
Manage rentals here? List your business →2B Living offers reimagined property management services, including residential management, property onboarding, accounting, and reporting, for properties around the Bay Area. summary from their website
Azari Property Management provides one-stop real estate service as a property management company since 2006. summary from their website
Boardwalk Investments Property Management specializes in property management and leasing in San Francisco and the Northern Peninsula. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $1,112,850 |
| Monthly Rent | $4,090 |
| Price-to-Rent | 22.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.4% |
| Cap Rate | 2.9% |
| 5-Year IRR | 2.7% |
📈 Home Appreciation
| 1-Year | +9.0% ▲ |
| 3-Year CAGR | +2.7% ▲ |
| 5-Year CAGR | -0.2% ▼ |
| 10-Year CAGR | -0.1% ▼ |
🏠 Rent Trends
| 1-Year | +0.7% ▲ |
| 3-Year CAGR | +8.2% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.9%). 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.
Demographics in 94111
Population: 4,553
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 94111
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Francisco Middle
King (Thomas Starr) Elementary
Parks (Rosa) Elementary
Carmichael (Bessie)/FEC
Parker (Jean) Elementary
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
Frequently Asked Questions
What monthly rent should investors expect in San Francisco, CA?
Rent in San Francisco, CA is around $4,090/mo. The resulting rent-to-value relationship with $1.1M pricing is reasonable for most investor models.
Which real estate strategy fits San Francisco, CA?
In San Francisco, CA the robust play is typically careful cash-flow rentals with hands-on management. The combination of $1.1M prices and $4,090/mo rents suits that approach.
What price range are homes in San Francisco, CA?
Typical homes in San Francisco, CA go for around $1.1M. The 5-year CAGR of 0.0% even-keeled price movement.
How landlord-friendly is San Francisco, CA?
For rental operators, San Francisco, CA rates as tenant-protective. The regulatory environment standard buy-and-hold operations.
Is San Francisco, CA good for house hacking?
House hacking works a tougher in San Francisco, CA. Rents of $4,090/mo against $1.1M acquisition make the strategy solid for owner-occupants.
You know 94111 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 94111 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.
How 94111 ranks in San Francisco-Oakland-Berkeley, CA
Every ZIP in this metro, ranked. Free.
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Community Ratings
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