Location: Knox County, ME | Metro: Knox County, ME
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,110 |
| 1 Bedroom | $1,230 |
| 2 Bedrooms | $1,500 |
| 3 Bedrooms | $1,960 |
| 4 Bedrooms | $1,970 |
| 5 Bedrooms | $2,285 |
| 6 Bedrooms | $2,559 |
| 7 Bedrooms | $2,764 |
| 8 Bedrooms | $2,902 |
The analysis of ZIP code 04865 in Unknown, ME, reveals a unique position on both the yield and stability axes. With a Fair Market Rent (FMR) of $1,530 for the fiscal year 2026, the rental market appears to be moderately attractive for landlords and small-portfolio investors. However, the lack of specific data points for market rents and home values means that we cannot make a precise comparison to gauge the exact yield potential.
Moving onto stability, the absence of key metrics such as the percentage of renters, days on market (DOM), and median income levels complicates the assessment. Without these figures, it's challenging to determine the level of financial security and predictability for the area. Stability in a market often hinges on factors like consistent renter demand and stable income levels among residents, which would typically help in forecasting reliable cash flow and minimizing vacancy risks.
Given the available FMR data and the unknowns regarding market rents and home values, ZIP 04865 leans towards being a steady-cashflow zone rather than a high-yield/low-stability market. The FMR of $1,530 suggests a reasonable rental rate, which can support steady cash flows if the vacancy rates remain low and the maintenance costs are manageable. However, the missing data on the percentage of renters and DOM indicate a need for further investigation into the local housing market dynamics before making a definitive call on stability.
To conclude, while ZIP 04865 presents an opportunity for steady cash flow based on the FMR, the lack of comprehensive data on market conditions makes it difficult to fully assess its stability. Investors should consider conducting additional research to understand the local rental market trends and economic indicators better.
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.