Location: Burlington-South Burlington, VT | Metro: Burlington-South Burlington, VT MSA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,490 |
| 1 Bedroom | $1,650 |
| 2 Bedrooms | $2,080 |
| 3 Bedrooms | $2,630 |
| 4 Bedrooms | $2,730 |
| 5 Bedrooms | $3,167 |
| 6 Bedrooms | $3,547 |
| 7 Bedrooms | $3,831 |
| 8 Bedrooms | $4,023 |
To classify ZIP code 05485 in Vermont based on yield and stability, we must first understand what data is available and what it means for real estate investment.
The Fair Market Rent (FMR) for ZIP 05485 in fiscal year 2024 is $1570. This figure represents the average rent that a landlord can expect to receive from renting a property in this area under the Section 8 program. However, the lack of data on market rents and home values indicates that the FMR is the primary reference point for rental income in this ZIP code. Without comparative market data, it's challenging to assess how competitive the Section 8 rates are relative to the private market, which could affect demand and vacancy rates.
Moving on to stability, the absence of data on the percentage of renters, days on market (DOM), and median income makes it difficult to provide a precise assessment. Typically, higher percentages of renters, shorter DOM periods, and stable median incomes contribute to a more predictable cash flow and lower risk for landlords. The incomplete dataset suggests that there might be limited information available about the local rental market conditions, indicating potential volatility or difficulty in predicting long-term trends.
Given the $1570 FMR and the lack of additional data points, ZIP 05485 appears to be a moderate yield market with uncertain stability. It does not fit the profile of a high-yield/low-stability flip-style market, nor does it clearly indicate a steady-cashflow zone due to insufficient data on market dynamics and economic indicators.
To make a more informed decision, landlords and small-portfolio investors should seek out additional local market research to fill in the gaps regarding market rents, home values, and economic stability. This will provide a clearer picture of the investment potential and risks associated with properties in ZIP 05485.
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.