Location: Oshkosh-Neenah, WI | Metro: Oshkosh-Neenah, WI MSA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $880 |
| 1 Bedroom | $910 |
| 2 Bedrooms | $1,160 |
| 3 Bedrooms | $1,560 |
| 4 Bedrooms | $1,590 |
| 5 Bedrooms | $1,844 |
| 6 Bedrooms | $2,065 |
| 7 Bedrooms | $2,230 |
| 8 Bedrooms | $2,342 |
U.S. Census Bureau data (2024)
To integrate ZIP 54927 into a Section 8 portfolio strategy, consider it primarily as a cash-flow anchor. The Financial Market Rent (FMR) for ZIP 54927 in fiscal year 2024 is set at $930, while the market rent stands at $1,213. This indicates a significant spread where landlords can rely on guaranteed rental income through Section 8 vouchers that is below the market rate, thus providing a stable foundation for their investment portfolio.
The median home value in ZIP 54927 is $320,289. While this figure alone does not directly influence the cash flow from rental properties, it suggests that the area is relatively affordable compared to other markets, which can be advantageous for maintaining a consistent tenant pool that benefits from the Section 8 program. Landlords can leverage this spread to ensure steady, predictable cash flows without the volatility often associated with market-rate rentals.
ZIP 54927 is not an appreciation play due to the lack of specific data on price-cut shares and days on market (DOM), which would indicate trends in property value increases. Instead, it serves as a reliable source of income where the primary goal is to maintain and grow cash flow rather than speculate on capital appreciation.
As for diversification, ZIP 54927 has a renter share of 14.6%, indicating a smaller proportion of residents who choose to rent over owning. However, the median income of $128,523 suggests that tenants participating in the Section 8 program are likely to be financially stable, reducing the risk of default or delinquency. This makes ZIP 54927 a suitable choice for landlords looking to balance their portfolios with low-risk, income-generating assets.
In conclusion, ZIP 54927 should be viewed as a cash-flow anchor within a Section 8 portfolio strategy. The substantial difference between the FMR ($930) and the market rent ($1,213) ensures that landlords receive a fixed, government-backed rental income that is lower than what they could potentially charge on the open market. This stability is crucial for small-portfolio investors and landlords who prioritize consistent returns over speculative gains.
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.