Location: Nassau-Suffolk, NY | Metro: Nassau-Suffolk, NY HUD Metro FMR Area
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 | $2,070 |
| 1 Bedroom | $2,400 |
| 2 Bedrooms | $2,830 |
| 3 Bedrooms | $3,640 |
| 4 Bedrooms | $3,860 |
| 5 Bedrooms | $4,478 |
| 6 Bedrooms | $5,015 |
| 7 Bedrooms | $5,416 |
| 8 Bedrooms | $5,687 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $2,830 | $976,899 | 0.29% | F |
| 3BR | $3,640 | $1,469,613 | 0.25% | F |
| 4BR | $3,860 | $1,808,290 | 0.21% | F |
| 5BR | $4,478 | $2,298,779 | 0.19% | F |
U.S. Census Bureau data (2024)
The classification of ZIP 11576 (Roslyn, NY) on the yield and stability axes reveals a nuanced picture for landlords and small-portfolio investors. On the yield axis, the Federal Market Rent (FMR) for the fiscal year 2024 is set at $2,760. This figure exceeds the local market rent of $2,311, indicating a potential upside for properties that qualify under Section 8 guidelines. However, the median home value of $1,702,791 suggests a high-end residential area where the demand for affordable housing might be lower compared to other regions.
Moving to the stability axis, the percentage of renters stands at 9.3%, which is relatively low. This indicates that the majority of residents in Roslyn prefer homeownership, potentially reducing the pool of tenants. The median household income of $216,250 is significantly higher than average, suggesting a robust economic base that could support rental payments. However, the lack of data on days on market (DOM) makes it difficult to assess how quickly vacancies would be filled, introducing an element of uncertainty.
Given these metrics, ZIP 11576 appears to be neither a high-yield/low-stability flip-style market nor a steady-cashflow zone. Instead, it occupies a middle ground. The high FMR relative to the market rent presents an opportunity for higher yields when compared to non-subsidized rentals. However, the low percentage of renters and the absence of DOM data imply less stability in terms of tenant retention and vacancy rates. For investors, this means that while there is potential for above-average rental income through Section 8 participation, the market is not as predictable as one with a larger rental population or more readily available DOM statistics.
To conclude, the attractiveness of ZIP 11576 for Section 8 investments hinges on the balance between the potential for increased rental income and the challenges posed by a predominantly homeowner community. Landlords should weigh these factors carefully and consider the broader economic context and local housing policies before making investment decisions.
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.