Location: Hamilton County, NE | Metro: Hall County, NE HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,090 |
| 1 Bedroom | $1,170 |
| 2 Bedrooms | $1,500 |
| 3 Bedrooms | $1,840 |
| 4 Bedrooms | $2,080 |
| 5 Bedrooms | $2,413 |
| 6 Bedrooms | $2,703 |
| 7 Bedrooms | $2,919 |
| 8 Bedrooms | $3,065 |
U.S. Census Bureau data (2024)
The ZIP code 68980, located in Trumbull, Nebraska, presents a unique investment opportunity for landlords and small-portfolio investors when considering the balance between yield and stability.
Yield: The Fair Market Rent (FMR) for ZIP 68980 is set at $980 for fiscal year 2024. Given the median home value of $279,310, this suggests a relatively modest yield potential. However, the absence of specific market rent data implies that the FMR may be a reasonable benchmark for setting rental rates. With an average annual income of $124,375, residents have a strong financial foundation, which can support higher rents if the market allows.
Stability: Stability in this market is driven by several factors. The rental percentage stands at 23.4%, which is below the state average, indicating a lower proportion of transient populations. Additionally, the length of stay for renters is significantly above the state average, suggesting a preference for long-term tenancy. This bodes well for stability, as it reduces the risk of frequent turnovers and associated costs.
Based on these figures, ZIP 68980 does not fit into the high-yield/low-stability category often associated with flip-style markets. Instead, it aligns more closely with a steady-cashflow zone. The combination of a moderate FMR, a below-average rental rate percentage, and longer tenant stays creates a stable environment conducive to consistent income generation over time.
To further substantiate this analysis, it's worth noting that the median household income of $124,375 provides a solid economic backdrop for sustaining rental demand and rent levels. Moreover, the lack of data on days on market (DOM) for rentals indicates a potentially robust local rental market that may not experience significant fluctuations in vacancy rates.
In conclusion, ZIP 68980 offers a balanced approach with moderate yield potential and strong stability characteristics, making it a suitable choice for investors seeking reliable cash flow without the volatility of high-turnover markets.
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.