Location: Atlanta-Sandy Springs-Roswell, GA | Metro: Atlanta-Sandy Springs-Roswell, GA HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,610 |
| 1 Bedroom | $1,680 |
| 2 Bedrooms | $1,830 |
| 3 Bedrooms | $2,180 |
| 4 Bedrooms | $2,590 |
| 5 Bedrooms | $3,004 |
| 6 Bedrooms | $3,364 |
| 7 Bedrooms | $3,633 |
| 8 Bedrooms | $3,815 |
To classify ZIP code 30160 in Georgia, we must analyze the available data points concerning yield and stability. The Fair Market Rent (FMR) for the fiscal year 2024 is $1910. This figure is crucial as it represents the maximum amount that can be charged for a Section 8 voucher holder. However, without specific market rent and home value data, a complete analysis of yield cannot be fully realized.
On the stability axis, several indicators are typically considered: the percentage of renters, the average number of days on the market (DOM), and median household income. Unfortunately, these specific metrics are not provided for ZIP 30160, making it challenging to assess stability comprehensively. In the absence of these figures, we cannot definitively state whether the area has high or low stability.
Given the limited data, ZIP 30160 appears to offer a moderate opportunity for landlords and small-portfolio investors. The FMR of $1910 suggests a decent yield if the market rent is lower, but this is speculative without actual market rent data. The lack of information on renters' percentage and DOM indicates an incomplete picture of stability. To make a more precise classification, additional data would be required to determine if the area leans towards being a high-yield/low-stability market or a steady-cashflow zone.
In conclusion, while the FMR provides a benchmark for rental income, the classification of ZIP 30160 as either a high-yield/low-stability market or a steady-cashflow zone remains uncertain due to the absence of key market and stability indicators. Landlords and investors should seek out more detailed local market reports to make informed decisions.
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.