Location: Duplin County, NC | Metro: Duplin County, NC
| Unit Size | Monthly FMR |
|---|---|
| Studio | $870 |
| 1 Bedroom | $880 |
| 2 Bedrooms | $1,150 |
| 3 Bedrooms | $1,380 |
| 4 Bedrooms | $1,750 |
| 5 Bedrooms | $2,030 |
| 6 Bedrooms | $2,274 |
| 7 Bedrooms | $2,456 |
| 8 Bedrooms | $2,579 |
U.S. Census Bureau data (2024)
The classification of ZIP code 28325 hinges on its yield and stability metrics, which paint a picture of a moderate market. The yield, driven by the Fair Market Rent (FMR), stands at $1,100 for the metro area in fiscal year 2026, while the market rent is lower at $645. This suggests that the area is more suited for rental properties rather than flipping homes for profit, as home values are not specified, indicating a lack of data on sales trends.
Stability is assessed through the percentage of renters (43.1%), which is a significant portion of the population but not overwhelmingly high, suggesting a balanced mix of homeowners and renters. The absence of data on days on market (DOM) implies a stable market without significant fluctuations in property listing durations. However, the median household income of $54,375 provides a clear indicator of the economic base supporting rental demand. This figure is crucial for understanding the ability of residents to afford higher rents, which could support the FMR levels if the local economy is robust enough.
Given these figures, ZIP 28325 leans towards being a steady-cashflow zone rather than a high-yield/low-stability market. The discrepancy between the FMR ($1,100) and the current market rent ($645) suggests potential for increasing rental income, but the lack of home value data makes it difficult to consider flipping as a viable strategy. The presence of a substantial number of renters (43.1%) supports the idea of a stable rental market, capable of generating consistent cash flow for landlords and small-portfolio investors.
To conclude, the analysis of ZIP 28325 reveals a market that offers a reasonable yield with a solid foundation of stability. Landlords should focus on rental properties, expecting an average annual increase in rental rates to approach the FMR, thereby enhancing long-term profitability. The median income figure of $54,375 is a key driver in this assessment, as it underpins the ability of residents to sustainably pay higher rents over time.
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.