Location: Burlington-South Burlington, VT | Metro: Burlington-South Burlington, VT MSA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,470 |
| 1 Bedroom | $1,620 |
| 2 Bedrooms | $2,050 |
| 3 Bedrooms | $2,580 |
| 4 Bedrooms | $2,690 |
| 5 Bedrooms | $3,120 |
| 6 Bedrooms | $3,494 |
| 7 Bedrooms | $3,774 |
| 8 Bedrooms | $3,963 |
U.S. Census Bureau data (2024)
The classification of ZIP code 05463 in West Virginia on the axes of yield and stability reveals a unique investment scenario for landlords and small-portfolio investors. On the yield axis, the Federal Market Rent (FMR) for 2024 stands at $1,460, which is notably higher than the market rent of $1,391. This indicates a potential for above-average rental income in this area. Additionally, the median home value of $399,434 suggests that while property acquisition costs are relatively high, the disparity between FMR and market rent offers a compelling opportunity for maximizing returns.
Turning to stability, the data presents a mixed picture. The percentage of renters is only 7.5%, which is quite low, indicating a predominantly owner-occupied area. This could be seen as a positive sign for long-term investment, as it implies a stable population with less turnover. However, the lack of data on the average days on market (DOM) and the median household income of $82,500 provide limited insight into the financial health of tenants and the speed at which properties might be rented out. Despite these unknowns, the low renter percentage suggests that rental demand might be lower compared to other areas, potentially impacting vacancy rates and the overall cash flow stability.
Based on these figures, ZIP 05463 leans towards being a steady-cashflow zone rather than a high-yield/low-stability flip-style market. The slight premium in FMR over market rent does offer an upside for rental income, but the low renter percentage and the absence of day DOM data caution against a highly volatile environment. For landlords and small-portfolio investors looking for consistent returns without excessive risk, this ZIP code presents a viable option, especially if they can secure properties below the median home value and manage them effectively to maintain occupancy levels.
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.