Location: Greene County, NY | Metro: Delaware County, NY
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 | $910 |
| 1 Bedroom | $1,010 |
| 2 Bedrooms | $1,240 |
| 3 Bedrooms | $1,640 |
| 4 Bedrooms | $1,870 |
| 5 Bedrooms | $2,169 |
| 6 Bedrooms | $2,429 |
| 7 Bedrooms | $2,623 |
| 8 Bedrooms | $2,754 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,240 | $292,378 | 0.42% | F |
| 3BR | $1,640 | $403,187 | 0.41% | F |
| 4BR | $1,870 | $439,074 | 0.43% | F |
U.S. Census Bureau data (2024)
The ZIP code 12468, located in Prattsville, NY, presents a unique balance between yield and stability that could be appealing to certain types of real-estate investors. To analyze this area, we must consider both the financial metrics and the demographic factors.
Yield Analysis: The Financial Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,130. However, the actual market rent in ZIP 12468 stands at $763, which is significantly lower. This discrepancy suggests a potential opportunity for landlords and small-portfolio investors who can leverage the difference between the FMR and the actual market rent to achieve higher yields. Additionally, the median home value of $358,651 offers a reasonable entry point for investment properties compared to the average property values in the region.
Stability Analysis: Stability in this context can be gauged by the percentage of renters, the number of days on the market (DOM), and the median household income. In ZIP 12468, 22.4% of residents are renters, indicating a relatively stable demand for rental properties. The median household income is $51,875, which supports a moderate level of economic stability. Unfortunately, the data does not provide an exact figure for the average DOM, but it's worth noting that a higher percentage of renters generally correlates with a lower risk of vacancy.
Considering these factors, ZIP 12468 leans towards being a steady-cashflow zone rather than a high-yield/low-stability flip-style market. The gap between the FMR and the market rent suggests there is room for increasing rents without drastically alienating tenants, thus providing a consistent cash flow. However, the relatively low percentage of renters and the limited data on DOM indicate that while the market is stable, it might not offer the explosive growth potential seen in areas with higher renter percentages and shorter DOM periods.
To summarize, ZIP 12468 offers a moderate yield opportunity given the lower market rent compared to the FMR, combined with a median home value that is within reach for many investors. Its stability is supported by the median income and the percentage of renters, making it a good choice for those seeking reliable, long-term returns over quick flips or speculative investments.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.