Location: Wyoming County, NY | Metro: Wyoming County, NY
| Unit Size | Monthly FMR |
|---|---|
| Studio | $900 |
| 1 Bedroom | $910 |
| 2 Bedrooms | $1,080 |
| 3 Bedrooms | $1,400 |
| 4 Bedrooms | $1,770 |
| 5 Bedrooms | $2,053 |
| 6 Bedrooms | $2,299 |
| 7 Bedrooms | $2,483 |
| 8 Bedrooms | $2,607 |
U.S. Census Bureau data (2024)
The analysis of ZIP code 14082 reveals a market that leans towards providing steady cash flow rather than being a high-yield, low-stability flip-style market. This classification is driven by specific figures related to yield and stability.
On the yield axis, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 stands at $1,060. However, the absence of market rent data suggests that the local rental market might not significantly deviate from the FMR, implying moderate potential for rental income. Additionally, the median home value of $258,952 provides a solid base for investment, but it does not indicate a high-yield environment typical of flip markets where quick appreciation is expected.
Moving to the stability axis, we observe a relatively low percentage of renters at 5.4%, which could suggest limited demand for rental properties. The lack of data on days on market (DOM) makes it challenging to assess the speed at which properties can be rented out. Nevertheless, the average household income of $93,571 offers some reassurance regarding the ability of residents to meet their rental obligations, contributing to the stability of the cash flow.
To conclude, ZIP 14082 appears to be more aligned with a steady-cashflow zone due to the moderate rental income potential indicated by the FMR and the presence of a middle-income demographic capable of sustaining regular rental payments. Landlords and small-portfolio investors should anticipate reasonable returns without the volatility associated with high-yield markets.
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.