Location: Caswell County, NC | Metro: Person County, NC HUD Metro FMR Area
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $850 |
| 1 Bedroom | $850 |
| 2 Bedrooms | $1,060 |
| 3 Bedrooms | $1,430 |
| 4 Bedrooms | $1,590 |
| 5 Bedrooms | $1,844 |
| 6 Bedrooms | $2,065 |
| 7 Bedrooms | $2,230 |
| 8 Bedrooms | $2,342 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,430 | $600,673 | 0.24% | F |
U.S. Census Bureau data (2024)
To classify ZIP code 27343, we must examine both its yield potential and stability. The yield is primarily driven by the Fair Market Rent (FMR) figure, which stands at $950 per month for the fiscal year 2024. This FMR is compared against the median home value, which is listed as $508,765. Given these numbers, the yield potential appears to be moderate. A higher FMR relative to home values would indicate a higher yield, but here the FMR is relatively low compared to the substantial home value.
On the stability axis, we consider the percentage of renters, the typical days on the market (DOM), and the median household income. For ZIP 27343, 14.7% of residents are renters, which is a modest figure. The lack of data for days on the market makes it challenging to assess the speed at which properties are typically rented out, though it's worth noting that lower percentages of renters often correlate with slower rental turnovers. The median household income in this area is $79,931, which suggests a middle-income bracket, indicating some level of financial stability among residents.
Based on the available data, ZIP 27343 does not fit neatly into either a high-yield/low-stability 'flip-style' market or a steady-cashflow zone. Instead, it represents an area with moderate yield and stability characteristics. The relatively low rent-to-home-value ratio implies that while rental income is present, it is not exceptionally high compared to property values. This suggests that flipping properties for quick profits may not be as advantageous as in areas with higher FMRs relative to home values.
The stability is somewhat compromised by the low percentage of renters, which could mean that finding tenants might be more challenging and that rental turnovers could be slower. However, the presence of a middle-income bracket offers a degree of financial predictability, which supports steady cash flow albeit not at the highest levels possible.
In summary, for landlords and small-portfolio investors, ZIP 27343 presents a market that leans towards providing steady but not exceptional cash flow. It is neither a prime location for rapid property flips nor a guaranteed stable investment due to the balance between moderate rental income and the potential challenges of tenant acquisition and retention.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.