Location: Northumberland County, VA | Metro: Northumberland County, VA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $960 |
| 1 Bedroom | $970 |
| 2 Bedrooms | $1,180 |
| 3 Bedrooms | $1,420 |
| 4 Bedrooms | $1,850 |
| 5 Bedrooms | $2,146 |
| 6 Bedrooms | $2,404 |
| 7 Bedrooms | $2,596 |
| 8 Bedrooms | $2,726 |
U.S. Census Bureau data (2024)
The analysis of ZIP code 22432 reveals a unique balance between yield and stability that may interest both landlords and small-portfolio investors. With a Fair Market Rent (FMR) of $1,060 for the fiscal year 2026, this area offers a strong rental yield compared to the average home value of $294,491. This suggests that properties in this ZIP can generate significant cash flow relative to their purchase price.
Stability, however, is a mixed bag. The ZIP has a substantial 36.2% of residents who are renters, indicating a robust demand for rental housing. However, the lack of data on days-on-market (DOM) means we cannot assess how quickly homes are sold once listed. This gap in information could be critical for those considering flipping properties in this area.
The median household income of $56,250 provides insight into the economic profile of the area. While it supports the ability of residents to pay rent, the income figure alone does not provide enough context to fully gauge financial stability without comparing it to regional averages or cost of living indices.
In summary, ZIP 22432 leans towards being a high-yield market due to the favorable FMR-to-home-value ratio. However, the stability is less clear-cut given the incomplete data set. It is not advisable to classify this as a low-stability market suitable for flipping, nor can it be definitively labeled as a steady-cashflow zone without additional metrics such as DOM and regional income comparisons.
To make a more informed decision, consider the following:
Investors should weigh these factors carefully and seek additional local market data before making investment decisions in ZIP 22432.
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.