Location: Wildwood-The Villages, FL | Metro: Orlando-Kissimmee-Sanford, FL MSA
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 | $1,220 |
| 1 Bedroom | $1,270 |
| 2 Bedrooms | $1,440 |
| 3 Bedrooms | $1,800 |
| 4 Bedrooms | $2,100 |
| 5 Bedrooms | $2,436 |
| 6 Bedrooms | $2,728 |
| 7 Bedrooms | $2,946 |
| 8 Bedrooms | $3,093 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,440 | $174,083 | 0.83% | C |
| 3BR | $1,800 | $292,238 | 0.62% | D |
| 4BR | $2,100 | $364,241 | 0.58% | F |
| 5BR | $2,436 | $474,642 | 0.51% | F |
U.S. Census Bureau data (2024)
The classification of ZIP 34731, Fruitland Park, FL, on the axes of yield and stability reveals a unique investment scenario. With a Fair Market Rent (FMR) of $1,480 for fiscal year 2024, compared to a market rent of $1,830, and a median home value of $295,284, the yield potential is evident. However, the stability indicators paint a different picture.
The rental market in Fruitland Park is relatively small, with only 12.2% of residents being renters. This low percentage suggests that the demand for rental properties might be limited, which could impact the occupancy rate and the consistency of cash flow. Additionally, the average daily days on market (DOM) is not available, indicating a lack of recent data on how quickly rental units are typically filled, which is crucial for assessing the stability of the rental market.
The median household income in the area is $66,300. While this figure does not directly indicate the financial stability of tenants, it can influence their ability to afford higher rents. Given the FMR is significantly lower than the market rent, landlords might find it challenging to secure tenants willing to pay the higher market rates, especially if the income levels do not support such expenses.
Based on these figures, ZIP 34731 leans towards a high-yield/low-stability investment. The substantial gap between the FMR and market rent suggests a potentially lucrative opportunity for landlords who can manage to fill their units at market rates. However, the low percentage of renters and the unavailability of DOM data imply that maintaining a steady cash flow might be difficult due to potential vacancy issues.
To summarize, while the high market rent relative to the FMR indicates a strong potential for yield, the limited rental market and median income levels suggest that this area is not ideal for a steady-cashflow investment strategy. It is best suited for investors who are prepared to actively manage their properties and accept the risk of fluctuating occupancy rates.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.