Location: Jefferson County, OK | Metro: Jefferson County, OK
| Unit Size | Monthly FMR |
|---|---|
| Studio | $700 |
| 1 Bedroom | $700 |
| 2 Bedrooms | $920 |
| 3 Bedrooms | $1,090 |
| 4 Bedrooms | $1,530 |
| 5 Bedrooms | $1,775 |
| 6 Bedrooms | $1,988 |
| 7 Bedrooms | $2,147 |
| 8 Bedrooms | $2,254 |
U.S. Census Bureau data (2024)
The ZIP code 73520 presents a unique real estate investment scenario that can be classified as a moderate yield with low stability. This classification is driven by several key figures:
Yield Analysis: The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $940. In comparison, the market rent for ZIP 73520 is $525, indicating a lower rental yield compared to the broader metro area. However, the absence of home value data suggests that there might not be a robust single-family home market, which could mean that rental properties are the primary investment option in this area.
Stability Analysis: With 30.0% of the population being renters, the ZIP code shows a relatively low percentage of tenants, which can affect the consistency of rental income. Additionally, the lack of data on days on market (DOM) indicates an uncertain trend in property turnover rates, adding another layer of instability. The average income of $40,000 in the area suggests that while tenants might have stable employment, their ability to afford higher rents is limited, further impacting the potential for consistent cash flow.
Investment Strategy: Given these factors, ZIP 73520 is best suited for a steady-cashflow investment strategy rather than a high-yield/low-stability flip-style market. The lower FMR compared to the metro area implies that flipping properties here would likely result in lower profits. Instead, focusing on long-term rental investments where the yield is more predictable and aligned with the local economic conditions is advisable.
To summarize, the rental market in ZIP 73520 offers a moderate yield due to the lower-than-metro FMR, but the stability is compromised by the low percentage of renters and the unknown DOM trends. Therefore, it's recommended for investors seeking a reliable source of income rather than quick, high returns.
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.