Location: Orange County, VA | Metro: Orange County, VA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,040 |
| 1 Bedroom | $1,040 |
| 2 Bedrooms | $1,260 |
| 3 Bedrooms | $1,740 |
| 4 Bedrooms | $1,950 |
| 5 Bedrooms | $2,262 |
| 6 Bedrooms | $2,533 |
| 7 Bedrooms | $2,736 |
| 8 Bedrooms | $2,873 |
The analysis of ZIP code 22957 reveals a unique situation when considering the yield and stability for real estate investment, particularly under Section 8 programs. The Federal Market Rent (FMR) for the metro area in fiscal year 2026 stands at $1,230, which serves as a critical benchmark for rental yields.
However, the lack of specific market rental rates and home values in the provided data complicates a direct comparison with typical market conditions. This absence suggests that either there's limited data available, or the market dynamics in 22957 are significantly different from broader trends, possibly due to local economic factors or housing policies.
Moving onto stability, the data is similarly incomplete. There are no percentages of renters, average days on market (DOM), or median incomes specified. Such information is crucial for assessing the reliability of rental income and the financial health of potential tenants.
Given the available FMR figure and the absence of other key metrics, it's challenging to definitively classify ZIP 22957 as either a high-yield/low-stability market or a steady-cashflow zone. However, with an FMR of $1,230, landlords can expect a relatively consistent rental income assuming the local demand for Section 8 housing remains stable. Without additional market-specific data, the classification leans towards being a steady-cashflow zone, but this conclusion is based solely on the FMR and lacks the context provided by market rental rates and home values.
To make a more informed decision, landlords and investors should seek out supplementary data on local rental trends, home sale prices, and tenant income levels to better understand the balance between yield and stability in ZIP 22957.
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.