Location: Beaufort County, NC | Metro: Beaufort County, NC
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 | $1,070 |
| 1 Bedroom | $1,070 |
| 2 Bedrooms | $1,360 |
| 3 Bedrooms | $1,770 |
| 4 Bedrooms | $2,090 |
| 5 Bedrooms | $2,424 |
| 6 Bedrooms | $2,715 |
| 7 Bedrooms | $2,932 |
| 8 Bedrooms | $3,079 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,770 | $395,557 | 0.45% | F |
U.S. Census Bureau data (2024)
The classification of ZIP code 27808 hinges on its yield and stability metrics. The yield is determined by comparing the Fair Market Rent (FMR) of $1,250 for the metro area in fiscal year 2026 against the market rent of $1,203. Additionally, the median home value of $321,723 plays a role in assessing potential returns on investment through property flipping or rental income.
On the stability axis, the key figures are the percentage of renters at 15.7%, the median household income of $90,472, and the lack of available data on days on market (DOM). The low percentage of renters suggests that the majority of residents own their homes, which can indicate less demand for rental properties. However, the median income figure is robust, implying that those who do rent could afford higher rents.
Given these metrics, ZIP 27808 does not fit squarely into either a high-yield/low-stability flip-style market or a steady-cashflow zone. Instead, it represents an intermediary market. The FMR being slightly above the market rent ($1,250 vs $1,203) indicates a modest yield opportunity for rental investments. This difference, however, is not substantial enough to categorize it as a high-yield market.
The stability factor is somewhat compromised by the low percentage of renters, but the strong median income figure supports a moderate level of stability. Landlords should be cautious about relying solely on rental income due to the relatively low demand for rentals, but the income levels suggest that tenants who can be found would likely be financially stable.
In summary, ZIP 27808 offers a balanced approach where the potential for rental income exists, albeit with a focus on ensuring tenant quality over high volume. For investors looking to flip properties, the median home value of $321,723 provides a reasonable base for potential profit, assuming they can find a buyer in a market with limited rental demand.
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.