Location: Ottawa County, OK | Metro: Ottawa County, OK
| Unit Size | Monthly FMR |
|---|---|
| Studio | $700 |
| 1 Bedroom | $700 |
| 2 Bedrooms | $920 |
| 3 Bedrooms | $1,160 |
| 4 Bedrooms | $1,210 |
| 5 Bedrooms | $1,404 |
| 6 Bedrooms | $1,572 |
| 7 Bedrooms | $1,698 |
| 8 Bedrooms | $1,783 |
To classify ZIP code 74335 in Unknown, OK, we must analyze the available data points concerning yield and stability. The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is $940. This figure represents the expected rental price for Section 8 housing vouchers in the area, indicating the potential yield for landlords participating in the program.
However, the lack of specific market rental prices and home values for ZIP 74335 makes it challenging to provide a complete analysis of the yield. Without these figures, we cannot compare the FMR to typical market rents or property values, which would normally help us determine if this is a high-yield market. In the absence of market rent and home value data, we can only state that the guaranteed rental income through Section 8 vouchers is set at $940 per month.
Moving to stability, the data provided does not include percentages of renters, days on the market (DOM), or median income levels for ZIP 74335. These metrics are crucial for assessing the financial health and predictability of the local real estate market. Without knowing the percentage of renters or the average time it takes to sell a property, we cannot gauge the volatility or the ease of finding tenants. Similarly, the absence of income data prevents us from understanding the economic strength of the area, which could influence the ability of residents to pay their rent consistently.
Given the incomplete data, ZIP 74335 cannot be definitively classified as either a high-yield/low-stability flip-style market or a steady-cashflow zone. The $940 FMR suggests a baseline level of yield for Section 8 properties, but without additional market-specific data, the stability remains uncertain. Landlords and small-portfolio investors should seek supplementary information on local rental trends and economic conditions to make informed decisions about this ZIP code.
Data Sources: FMR data from HUD (2027).
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.