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 | $2,100 |
| 1 Bedroom | $2,440 |
| 2 Bedrooms | $2,870 |
| 3 Bedrooms | $3,690 |
| 4 Bedrooms | $3,920 |
| 5 Bedrooms | $4,547 |
| 6 Bedrooms | $5,093 |
| 7 Bedrooms | $5,500 |
| 8 Bedrooms | $5,775 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $2,870 | $508,875 | 0.56% | F |
| 3BR | $3,690 | $660,972 | 0.56% | F |
| 4BR | $3,920 | $735,361 | 0.53% | F |
| 5BR | $4,547 | $757,548 | 0.6% | D |
U.S. Census Bureau data (2024)
The ZIP code 11741, located in Holbrook, NY, presents a unique combination of yield and stability that is worth examining closely for landlords and small-portfolio investors.
On the yield axis, the Federal Market Rent (FMR) for 2024 is set at $2,630, which is notably lower than the market rent of $2,864. This suggests that landlords participating in the Section 8 program will receive slightly less rental income compared to the market average. However, the median home value of $648,608 indicates a relatively affluent area where property values are strong, providing a solid foundation for long-term investment appreciation.
Moving to the stability axis, the ZIP code shows a 20.4% rental rate, suggesting a significant portion of residents are homeowners rather than renters. While this might imply a smaller pool of potential tenants, it also points to a stable community where property values are likely to remain consistent. The lack of available data on days on market (DOM) could indicate either a balanced market or simply limited data. Additionally, the median household income of $144,346 supports the notion of a financially secure neighborhood, which can translate into reliable tenants who are less likely to default on rent payments.
Based on these figures, ZIP 11741 does not fit neatly into the high-yield/low-stability category often associated with 'flip-style' markets. Instead, it leans towards a steady-cashflow zone. The slightly lower FMR compared to market rent and the high median home value suggest a market where landlords can expect consistent returns without the volatility often seen in areas with higher rental rates and lower property values. The strong median income further reinforces the stability of the tenant pool, making it a favorable location for those seeking predictable cash flows from their investments.
To summarize, the specific figures driving this classification include an FMR of $2,630, a market rent of $2,864, a median home value of $648,608, and a median income of $144,346. These numbers collectively paint a picture of a stable, albeit potentially moderate-yield, real estate market suitable for steady, long-term investment strategies.
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.