Location: Jackson County, AL | Metro: Jackson County, AL
| Unit Size | Monthly FMR |
|---|---|
| Studio | $770 |
| 1 Bedroom | $800 |
| 2 Bedrooms | $950 |
| 3 Bedrooms | $1,250 |
| 4 Bedrooms | $1,550 |
| 5 Bedrooms | $1,798 |
| 6 Bedrooms | $2,014 |
| 7 Bedrooms | $2,175 |
| 8 Bedrooms | $2,284 |
U.S. Census Bureau data (2024)
The classification of ZIP code 35764 hinges on its unique mix of yield and stability factors. On the yield axis, the Federal Market Rent (FMR) stands at $880 for the fiscal year 2026, which is the primary figure indicating rental income potential. However, the absence of market rent and home value data suggests that the area's private market dynamics are less established or documented compared to federal standards.
Moving to stability, only a fraction of residents—6.8%—are classified as renters. This low percentage indicates a predominantly owner-occupied community, which can be interpreted as stable but also implies limited demand for rental properties. The median household income of $43,603 provides insight into the economic strength of the area, suggesting moderate financial health among residents.
Given these specifics, ZIP 35764 does not fit neatly into either a high-yield/low-stability flip-style market or a steady-cashflow zone. Instead, it represents an intermediate scenario. The FMR of $880 offers a reliable benchmark for rental income, ensuring a predictable yield for Section 8 properties. Yet, the low percentage of renters and the lack of comprehensive market data suggest that while the area is stable, it may not offer significant upside potential beyond the guaranteed rental income.
To conclude, for landlords and small-portfolio investors, ZIP 35764 presents a balanced opportunity. It guarantees a stable income through the Section 8 program without the speculative risks associated with higher-yield markets. However, the limited rental market size means that expansion or diversification strategies might face constraints. The focus should remain on leveraging the known FMR and understanding the local rental demand to ensure profitability and stability.
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.