Location: Northeastern Connecticut Planning Region, CT | Metro: Hartford-West Hartford-East Hartford, CT MSA
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,530 |
| 1 Bedroom | $1,750 |
| 2 Bedrooms | $2,190 |
| 3 Bedrooms | $2,610 |
| 4 Bedrooms | $2,880 |
| 5 Bedrooms | $3,341 |
| 6 Bedrooms | $3,742 |
| 7 Bedrooms | $4,041 |
| 8 Bedrooms | $4,243 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $2,190 | $297,810 | 0.74% | D |
| 3BR | $2,610 | $384,313 | 0.68% | D |
| 4BR | $2,880 | $492,735 | 0.58% | F |
U.S. Census Bureau data (2024)
The classification of ZIP 06250 (Mansfield, CT) on the axes of yield and stability reveals it to be a steady-cashflow zone for real estate investment. The Fair Market Rent (FMR) for the area in fiscal year 2024 is set at $2,050, which contrasts with the market rent of $1,583. This suggests that properties participating in the Section 8 program can command higher rents, thereby enhancing the yield potential for landlords.
However, the stability of this market is tempered by the relatively low percentage of renters at 14.7%. This figure indicates that the majority of residents prefer homeownership, which is further evidenced by the median home value of $364,210. The average household income of $99,000 supports this trend, as it provides sufficient financial means for individuals to purchase homes rather than rely solely on rental options.
The combination of these factors points towards a market where the Section 8 program offers a reliable source of cash flow. Although the FMR exceeds the market rent, the high renter participation requirement for Section 8 ensures that the demand for subsidized housing remains consistent. This consistency, coupled with the higher FMR, makes ZIP 06250 a suitable location for steady-cashflow investments.
It's important to note that the lack of data regarding the number of days on market (DOM) might suggest that the rental market is not highly dynamic, but given the stable income levels and the established presence of the Section 8 program, this absence does not significantly impact the overall assessment of the market's stability.
In conclusion, ZIP 06250 (Mansfield, CT) presents itself as a steady-cashflow zone due to the balance between a higher FMR and a stable demand for subsidized housing. It is not a high-yield/low-stability market, as the yield is bolstered by the Section 8 subsidy without compromising the stability of the rental income.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.