Location: Coos County, NH | Metro: Coos County, NH
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,130 |
| 1 Bedroom | $1,130 |
| 2 Bedrooms | $1,430 |
| 3 Bedrooms | $1,900 |
| 4 Bedrooms | $1,910 |
| 5 Bedrooms | $2,216 |
| 6 Bedrooms | $2,482 |
| 7 Bedrooms | $2,681 |
| 8 Bedrooms | $2,815 |
U.S. Census Bureau data (2024)
ZIP 03597, located in Coos County, NH metro, can be effectively utilized as a diversifier within a Section 8 portfolio strategy. This area has a significant renter share of 31.9%, indicating a substantial demand for rental properties. The median income of $56,010 suggests that there is a steady stream of potential tenants who qualify for the Section 8 program, given that eligibility criteria often hinge on income levels relative to the area's median income.
While the data does not provide specific market trends or median home values, the high percentage of renters and the stable income level make this ZIP code an attractive addition to a diversified portfolio. Landlords and small-portfolio investors can benefit from the consistent demand for affordable housing, which is supported by government subsidies. This reduces the risk of vacancy and ensures a reliable source of income through the Section 8 voucher program.
The lack of information on price-cut share and days on market (DOM) implies that the primary focus should be on the rental market rather than speculative investments aimed at appreciation. In contrast, the Federal Market Rent (FMR) for the metro area in fiscal year 2026 is $1,430, which serves as a benchmark for setting rental rates. Although the exact market rate is not provided, the FMR offers a guideline for pricing that aligns with the local economic conditions and tenant affordability.
In conclusion, ZIP 03597 is best suited as a diversifier in a Section 8 portfolio due to its strong renter base and stable income environment. It provides a solid foundation for generating predictable cash flow without the need for speculation on future appreciation or market fluctuations.
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.