Location: Puerto Rico HUD Nonmetro Area, Unknown | Metro: Puerto Rico HUD Nonmetro Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $500 |
| 1 Bedroom | $520 |
| 2 Bedrooms | $570 |
| 3 Bedrooms | $770 |
| 4 Bedrooms | $820 |
| 5 Bedrooms | $951 |
| 6 Bedrooms | $1,065 |
| 7 Bedrooms | $1,150 |
| 8 Bedrooms | $1,208 |
U.S. Census Bureau data (2024)
ZIP code 00757, located in the non-metro area of Guaynabo, Puerto Rico, presents a unique opportunity for inclusion in a Section 8 portfolio strategy. This ZIP is best categorized as a cash-flow anchor. The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $530, while the current market rent is $489. This creates a positive spread of $41 per unit, which can be leveraged to ensure steady cash flow.
The median home value being N/A indicates that the focus should remain on rental properties rather than flipping homes for appreciation. Given the N/A% price-cut share and N/A-day days on market (DOM), there's insufficient evidence to support an appreciation play strategy in this area. Instead, the emphasis should be placed on the robust tenant base and predictable rental income.
With a renter share of 22.2%, the ZIP code has a substantial number of potential tenants who rely on rental housing. The median income of $25,938 aligns well with the affordability of the $489 market rent, making it likely that these tenants will qualify for Section 8 assistance. Landlords can expect a stable occupancy rate and consistent income, which are crucial elements of a cash-flow anchor in any investment portfolio.
Incorporating ZIP 00757 into a Section 8 portfolio strategy allows investors to capitalize on the guaranteed rental income provided by the government subsidy. This ensures a reliable source of cash flow, even during economic downturns when other investments might struggle. The positive spread between the FMR and market rent further enhances the profitability of these units, making them a solid choice for landlords looking to secure their financial footing.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
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.