Location: Greene County, GA | Metro: Greene County, GA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $860 |
| 1 Bedroom | $890 |
| 2 Bedrooms | $1,040 |
| 3 Bedrooms | $1,410 |
| 4 Bedrooms | $1,420 |
| 5 Bedrooms | $1,647 |
| 6 Bedrooms | $1,845 |
| 7 Bedrooms | $1,993 |
| 8 Bedrooms | $2,093 |
U.S. Census Bureau data (2024)
The classification of ZIP code 30665 hinges significantly on the available data points, which include the Fair Market Rent (FMR) for the metro area in fiscal year 2026 at $980. This figure alone suggests a potential for decent rental yields, given that the FMR represents the threshold above which housing is considered unaffordable for low-income families.
However, the lack of specific market rent and home value data complicates a full assessment of the yield potential. Typically, a comparison between the FMR and market rents would indicate whether there's an opportunity for higher-than-average returns. In the absence of these figures, we must rely on the FMR as a proxy for rental rates, which implies that properties could be priced competitively within the area.
Moving onto stability, the data reveals that 29.8% of residents are renters. While this percentage is relatively low, it does not necessarily point to instability; it merely indicates a smaller pool of potential tenants compared to areas with higher percentages of renters. The missing data on days on market (DOM) and median income further limit our ability to gauge the overall stability of the market. Days on market can provide insight into how quickly properties are turning over, which is crucial for understanding the liquidity and demand in the area. Median income, meanwhile, offers a sense of the financial health of the population and their ability to afford rent.
Based on the available information, ZIP 30665 leans towards being a steady-cashflow zone rather than a high-yield/low-stability flip-style market. The key driver behind this classification is the relatively low percentage of renters, suggesting a more stable tenant base but also potentially limiting the upside in terms of rental price increases. However, without concrete market rent and home value figures, this analysis is speculative. For landlords and small-portfolio investors looking for consistent returns, ZIP 30665 could be a suitable choice, especially if they can secure properties at or below the FMR of $980. To make a more definitive call, additional data on local market conditions, such as actual rental prices and home values, would be necessary.
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.