Location: Burlington-South Burlington, VT | Metro: Burlington-South Burlington, VT MSA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,480 |
| 1 Bedroom | $1,630 |
| 2 Bedrooms | $2,060 |
| 3 Bedrooms | $2,610 |
| 4 Bedrooms | $2,710 |
| 5 Bedrooms | $3,144 |
| 6 Bedrooms | $3,521 |
| 7 Bedrooms | $3,803 |
| 8 Bedrooms | $3,993 |
U.S. Census Bureau data (2024)
To classify ZIP code 05439, we must consider both yield and stability factors. The yield is primarily driven by the Fair Market Rent (FMR), which is set at $1840 for fiscal year 2024. However, the absence of market rent and home value data for ZIP 05439 complicates a direct comparison.
The stability of an area can be assessed through the percentage of renters, days on market (DOM), and median household income. Unfortunately, the provided dataset does not include these specific metrics for ZIP 05439, making it challenging to fully evaluate the stability aspect.
Given the available information, we can focus on the FMR to gauge potential rental yields. With an FMR of $1840, landlords can expect a relatively consistent rental income, assuming properties are priced appropriately. This suggests that the area could support steady cash flow, particularly if the landlord's expenses are managed effectively.
Without the market rent and home value data, it's impossible to determine if there is a significant gap between what tenants can afford and the cost of owning property, which would indicate a high-yield but potentially low-stability market. Similarly, the lack of data on the percentage of renters, DOM, and income levels means we cannot make a definitive statement about the stability of the market.
In conclusion, based solely on the FMR data, ZIP 05439 appears to offer a moderate yield opportunity. However, the classification as either a high-yield/low-stability flip-style market or a steady-cashflow zone remains unclear due to insufficient data on market conditions and tenant demographics. For a comprehensive analysis, additional local real estate and economic indicators are necessary.
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.