Location: Grafton County, NH | Metro: Grafton County, NH
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,170 |
| 1 Bedroom | $1,170 |
| 2 Bedrooms | $1,530 |
| 3 Bedrooms | $2,080 |
| 4 Bedrooms | $2,110 |
| 5 Bedrooms | $2,448 |
| 6 Bedrooms | $2,742 |
| 7 Bedrooms | $2,961 |
| 8 Bedrooms | $3,109 |
U.S. Census Bureau data (2024)
ZIP 03279, located in Warren, NH, within Grafton County, presents itself as a cash-flow anchor in a Section 8 portfolio strategy. The key determinant for this classification lies in the significant spread between the Fair Market Rent (FMR) for the $1,700 metro area in fiscal year 2026 and the current market rent of $1,167. This spread indicates that landlords can secure higher rental incomes through Section 8 vouchers compared to what they might receive from traditional market rents.
The median home value in ZIP 03279 stands at $257,364, which further supports the cash-flow anchor designation. Landlords who invest in properties within this ZIP code can benefit from a steady stream of government-subsidized rent, ensuring that their properties do not become financially burdensome due to low market rents. In essence, the higher guaranteed income from Section 8 vouchers helps to offset the mortgage costs and maintenance expenses associated with owning a property valued at $257,364.
While the ZIP code does not present an immediate opportunity for appreciation, as indicated by the N/A% price-cut share and N/A-day Days on Market (DOM), it still serves a crucial role in a diversified portfolio. The 16.4% renter share and median income of $70,313 suggest a moderate demand for rental housing and a stable economic environment, which can provide consistent cash flow without the volatility associated with areas experiencing rapid appreciation or depreciation.
In summary, ZIP 03279 is best suited as a cash-flow anchor within a Section 8 portfolio strategy. The substantial difference between the FMR and market rent, combined with the median home value, ensures that landlords can rely on a predictable and higher rental income, making it an ideal choice for those looking to stabilize their investment returns.
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.