Location: Delaware County, NY | Metro: Delaware County, NY
| Unit Size | Monthly FMR |
|---|---|
| Studio | $900 |
| 1 Bedroom | $1,020 |
| 2 Bedrooms | $1,230 |
| 3 Bedrooms | $1,700 |
| 4 Bedrooms | $1,740 |
| 5 Bedrooms | $2,018 |
| 6 Bedrooms | $2,260 |
| 7 Bedrooms | $2,441 |
| 8 Bedrooms | $2,563 |
U.S. Census Bureau data (2024)
The ZIP code 13755 presents an interesting balance between yield and stability, making it neither a purely high-yield/low-stability flip-style market nor a steady-cashflow zone, but rather a middle-ground opportunity.
Yield Analysis: The Fair Market Rent (FMR) for the metro area in fiscal year 2026 stands at $970, while the market rent for ZIP 13755 is $836. This indicates that rental prices in 13755 are below the metro average, suggesting potential for modest upside if rents were to increase towards the FMR. Additionally, the median home value of $169,098 is relatively low compared to the average income levels, which could be indicative of a market where rental properties offer good yields. Landlords and small-portfolio investors can expect to achieve a decent return on investment when renting out properties in this ZIP code.
Stability Analysis: Stability is assessed through the percentage of renters, average days on market (DOM), and average household income. With 14.8% of residents being renters, the demand for rental properties is moderate. The lack of data on the average days on market (DOM) suggests either a very stable market where listings quickly turn into tenancies, or possibly an underdeveloped real estate market. However, the average household income of $64,375 provides some assurance regarding the ability of tenants to pay rent consistently. While this income figure is lower than the national average, it still supports a reasonable level of stability in the rental market.
In summary, ZIP 13755 offers a moderate yield scenario with rental prices below the metro average, yet supported by a median home value that suggests affordability. Stability is somewhat compromised by a relatively low percentage of renters and average income, though the latter remains sufficient to ensure consistent cash flow. This makes 13755 a viable option for investors seeking a balanced approach between yield and stability.
Data Sources: FMR data from HUD (2027). 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.