Location: Delta County, TX | Metro: Delta County, TX
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $770 |
| 1 Bedroom | $840 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,410 |
| 4 Bedrooms | $1,470 |
| 5 Bedrooms | $1,705 |
| 6 Bedrooms | $1,910 |
| 7 Bedrooms | $2,063 |
| 8 Bedrooms | $2,166 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,410 | $191,617 | 0.74% | D |
U.S. Census Bureau data (2024)
The classification of ZIP code 75432 hinges on its yield and stability metrics, which paint a picture of a moderately attractive investment opportunity for landlords and small-portfolio investors.
On the yield axis, the Federal Market Rent (FMR) for ZIP 75432 stands at $980 for the fiscal year 2026, reflecting the average rent level for the metro area. This figure contrasts with the market rent of $865, indicating a potential gap where landlords can charge slightly above the market rate to capture higher yields. However, the median home value of $177,272 suggests that the capital cost for entering this market is relatively high compared to the rental income potential. The difference between the FMR and market rent implies that while there is room for yield improvement, it is limited by the existing market conditions.
Moving to the stability axis, ZIP 75432 has a renter population of 20.1%, which is a modest share but indicates a presence of tenants who might be seeking affordable housing options. The lack of data on days on market (DOM) makes it challenging to assess how quickly properties can be leased, but the median household income of $65,030 provides some assurance regarding the ability of residents to afford rent. This income level is crucial for understanding the financial health of potential tenants and their likelihood of maintaining consistent rental payments.
Considering these factors, ZIP 75432 leans towards being a steady-cashflow zone rather than a high-yield/low-stability flip-style market. The modest difference between the FMR and market rent, combined with the relatively high median home value, points towards a scenario where landlords can expect reliable, albeit not exceptionally high, returns. The moderate renter percentage and stable income levels support the notion of a predictable cash flow environment, suitable for those looking to invest in a less volatile market segment.
To summarize, the specific figures driving this classification are the FMR of $980 versus the market rent of $865, the median home value of $177,272, and the median household income of $65,030. These metrics collectively suggest a market that offers a balanced approach to investment, favoring stability over high yield.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.