Location: Washington-Arlington-Alexandria, DC | Metro: Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $2,160 |
| 1 Bedroom | $2,250 |
| 2 Bedrooms | $2,490 |
| 3 Bedrooms | $3,170 |
| 4 Bedrooms | $3,740 |
| 5 Bedrooms | $4,338 |
| 6 Bedrooms | $4,859 |
| 7 Bedrooms | $5,248 |
| 8 Bedrooms | $5,510 |
The yield for this ZIP code is driven by the Fair Market Rent (FMR) figure of $2,090 for FY 2024. This indicates that the government-subsidized rental rate is relatively high, suggesting a strong potential for rental income if the property qualifies under Section 8 programs. However, without specific market rent data or home value estimates, it's challenging to fully assess the yield potential beyond the FMR context.
Moving to stability, the lack of precise data on the percentage of renters, average days on market (DOM), and median income complicates the analysis. The absence of these figures means we cannot definitively gauge the volatility of the rental market or the financial health of potential tenants in ZIP 22332.
Given the current information, ZIP 22332 appears to offer a moderate level of yield, primarily due to the high FMR, but lacks clarity on stability factors. This suggests it might be considered a steady-cashflow zone for landlords participating in Section 8, but without additional market-specific data, it's difficult to classify it as either a high-yield/low-stability flip-style market or a clearly defined steady-cashflow area. Landlords should seek out more detailed local real estate metrics to better understand the risk and reward profile of investing in this ZIP code.
To provide a more definitive classification, specific figures on market rents, home values, percentage of renters, DOM, and median income would be required. These metrics would allow for a clearer picture of both the yield and stability of the market in ZIP 22332.Data Sources: FMR data from HUD (2027).
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.