Real Estate Investing in Dillon Beach, California (94929)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 94929 (Dillon Beach, 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: 56.2% of homes vacant — above national norms.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- Higher unemployment: 7.7% unemployment — tenant risk signal.
- High price-to-rent: Price-to-rent ratio 42.8 — hard to cash-flow at these prices.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Dillon Beach, CA (94929)?
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Market Analysis: 94929 Dillon Beach
In practical terms, ZIP 94929 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $1.4M median. It rewards specialists, not generalists.
Distressed markets are won on execution, not on spreadsheets. ZIP 94929 reflects the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Within CA, ZIP 94929 trails on several market indicators that neighboring Marin submarkets outperform. The gap is real and resilient enough to shape underwriting.
Employment concentration in 94929 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
The 94929 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Dillon Beach:
Property Strategy for 94929
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $1,014,411 | $2,990 | 2.1% | +1.4% | $507,205 |
| 3BR | $1,557,922 | $4,010 | 1.9% | +7.2% | $519,307 |
Market Trends
Home Value History (with trend line)
📊 How Does 94929 Compare?
| Metric | 94929 | Dillon Beach | California |
|---|---|---|---|
| Home Value | $1,381,863 | $1,381,863 | $761,003 |
| 5-Year CAGR | 1.5% | 1.5% | 5.7% |
| Avg Rent | $2,691 | $2,691 | - |
| Cap Rate | 1.5% | 1.5% | - |
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 94929 (Dillon Beach, CA). Anonymous, moderated, never written by AI.
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Property managers serving Marin County
Manage rentals here? List your business →Foundation Homes Property Management provides performance-built property management for luxury homes in Marin County and beyond. summary from their website
Marshall & Co. Property Management offers owner and resident services, including lease-only options, for residential and commercial rentals. summary from their website
PRANDI Property Management is Marin County's only Certified Residential Management Company, focusing on quality tenants and homes. 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 | $1,381,863 |
| Monthly Rent | $2,691 |
| Price-to-Rent | 42.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.3% |
| Cap Rate | 1.5% |
| 5-Year IRR | 3.0% |
📈 Home Appreciation
| 1-Year | +2.4% ▲ |
| 3-Year CAGR | +3.1% ▲ |
| 5-Year CAGR | +1.5% ▲ |
| 10-Year CAGR | +4.3% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (1.5%). 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 94929
Population: 224
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
Frequently Asked Questions
Is Dillon Beach, CA a good market for buy-and-hold investors?
Dillon Beach, CA scores 2.0/5 for investability. Home values sit at $1.4M and rents near $2,691/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
How strong are rents in Dillon Beach, CA?
Expect rents around $2,691/mo per month in Dillon Beach, CA. With home values at $1.4M, the yield math works out to reasonable levels for rental investors.
Which investment style suits Dillon Beach, CA?
In Dillon Beach, CA the notable play is typically careful cash-flow rentals with hands-on management. The combination of $1.4M prices and $2,691/mo rents suits that approach.
Do landlords face vacancy issues in Dillon Beach, CA?
Occupancy in Dillon Beach, CA runs predictable with elevated vacancy. Well-priced units at $2,691/mo lease on reasonable timelines.
Is housing expensive in Dillon Beach, CA?
Typical homes in Dillon Beach, CA go for around $1.4M. The 5-year CAGR of 0.0% measured price movement.
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