Location: Brockton, MA | Metro: Brockton, MA HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,700 |
| 1 Bedroom | $1,870 |
| 2 Bedrooms | $2,440 |
| 3 Bedrooms | $3,050 |
| 4 Bedrooms | $3,210 |
| 5 Bedrooms | $3,724 |
| 6 Bedrooms | $4,171 |
| 7 Bedrooms | $4,505 |
| 8 Bedrooms | $4,730 |
The analysis of ZIP code 02303 (Unknown, MA) for Section 8 real estate reveals a unique blend of yield and stability factors. The Fair Market Rent (FMR) for the fiscal year 2024 is set at $1,990, which serves as a baseline for rental income expectations.
However, due to limited data availability, specific figures for market value and home value cannot be cited. This absence of data suggests that market conditions might be less predictable, impacting both yield and stability.
The stability metrics also lack definitive data, including percentages of renters, days on market (DOM), and average income levels. Without these figures, it's challenging to assess the consistency of rental demand and the financial health of potential tenants.
Based on the available information, ZIP 02303 appears to offer moderate yield potential, given the FMR figure. However, the lack of comprehensive data points towards a lower stability environment. Therefore, this area can be classified as a medium-stability market with moderate yield opportunities, neither fitting the high-yield/low-stability flip-style market nor the steady-cashflow zone.
To make informed decisions, landlords and small-portfolio investors should seek additional local market data to better understand the dynamics of ZIP 02303 and tailor their investment strategies accordingly.
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.