Location: Coos County, NH | Metro: Oxford County, ME
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $990 |
| 1 Bedroom | $1,020 |
| 2 Bedrooms | $1,290 |
| 3 Bedrooms | $1,740 |
| 4 Bedrooms | $1,960 |
| 5 Bedrooms | $2,274 |
| 6 Bedrooms | $2,547 |
| 7 Bedrooms | $2,751 |
| 8 Bedrooms | $2,889 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,290 | $276,365 | 0.47% | F |
| 3BR | $1,740 | $377,842 | 0.46% | F |
U.S. Census Bureau data (2024)
The classification of ZIP code 03579, located in Errol, NH, on the axes of yield and stability reveals it as a low-yield, low-stability market. The primary determinant of this classification is the lack of available market rental prices, which means that the rental income potential is based solely on the Fair Market Rent (FMR) figure of $1,430 for the fiscal year 2026. This FMR is set by HUD and represents the maximum amount that a household should pay in rent. However, without a specific market rental price, landlords cannot accurately gauge how much they can charge for rent in this area.
The median home value of $277,365 suggests a relatively high investment cost, which, combined with the limited rental income potential, results in a lower overall yield. In terms of stability, the percentage of renters at 6.0% indicates a very low demand for rental properties. This low demand can translate into higher vacancy rates and difficulty in finding tenants, thus reducing the stability of cash flow.
The average income of $61,000 further supports the conclusion of low stability. While this figure is not exceptionally low, the combination of low renter demand and potentially limited rental pricing options creates an environment where maintaining consistent occupancy and rental income is challenging. Additionally, the day DOM (Days on Market) being listed as N/A implies that there might be insufficient data on how long rental properties typically remain vacant before being rented out, which is another indicator of instability in the rental market.
To summarize, ZIP 03579 does not present itself as a high-yield opportunity due to the absence of competitive rental prices and the high median home value. It also lacks the stability needed to ensure reliable cash flow, given the low percentage of renters and the average income levels. Landlords and small-portfolio investors should approach this market with caution, considering these factors before making any investment decisions.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.