Location: Telfair County, GA | Metro: Telfair County, GA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $820 |
| 1 Bedroom | $890 |
| 2 Bedrooms | $1,030 |
| 3 Bedrooms | $1,260 |
| 4 Bedrooms | $1,490 |
| 5 Bedrooms | $1,728 |
| 6 Bedrooms | $1,935 |
| 7 Bedrooms | $2,090 |
| 8 Bedrooms | $2,195 |
U.S. Census Bureau data (2024)
The analysis of ZIP code 31544 reveals a unique balance between yield potential and market stability, making it an interesting area for both landlords and small-portfolio investors.
Starting with yield, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 stands at $1,010, while the market rate for ZIP 31544 is slightly lower at $955. This indicates that rental properties can command a rent close to the FMR, which is higher than the average market rate, suggesting a decent yield. Additionally, the median home value of $127,372 provides a reasonable investment entry point, considering the relatively high rental rates. The difference between the FMR and the market rate suggests a slight opportunity for price increases, but it also points to some level of competition in the rental market.
Moving onto stability, the ZIP code shows a modest percentage of renters at 11.4%. While this figure is not exceptionally high, it does indicate a stable demand for rental properties. However, the lack of data on days on market (DOM) could be a concern, as it's an important metric for assessing how quickly properties can be rented out. Lastly, the median household income of $60,682 offers insight into the financial capacity of potential tenants, indicating a moderate income level that supports the current rental rates without excessive risk of default.
Given these metrics, ZIP 31544 appears to be a steady-cashflow zone. The rental rates are competitive and align closely with the FMR, ensuring a reliable income stream. Although the percentage of renters is not high, it still provides a consistent demand for rental properties. The median income level suggests that tenants can afford the rent, contributing to the stability of cash flows. However, the absence of DOM data means that there's an element of uncertainty regarding how quickly units might be occupied, which could affect short-term cash flow but doesn't necessarily diminish long-term stability.
In conclusion, for those looking to invest in a market that promises a solid return on investment without the volatility associated with high-yield, low-stability areas, ZIP 31544 represents a viable option. The combination of competitive rental rates and a moderate income base supports a stable rental environment.
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.