Location: Fannin County, TX | Metro: Dallas, TX HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $820 |
| 1 Bedroom | $880 |
| 2 Bedrooms | $1,070 |
| 3 Bedrooms | $1,460 |
| 4 Bedrooms | $1,680 |
| 5 Bedrooms | $1,949 |
| 6 Bedrooms | $2,183 |
| 7 Bedrooms | $2,358 |
| 8 Bedrooms | $2,476 |
U.S. Census Bureau data (2024)
The classification of ZIP code 75469 hinges significantly on the available data points related to yield and stability. With a Fair Market Rent (FMR) of $1380 for the fiscal year 2024, this figure serves as a benchmark for rental pricing in the area. However, the absence of market rent and home value data means we cannot directly compare these against FMR to gauge potential rental yields or investment returns.
On the stability front, ZIP 75469 exhibits a relatively low percentage of renters at 8.1%. This suggests that homeownership is more prevalent, which can influence the local rental market dynamics. The median household income of $83,375 indicates a moderate level of financial stability among residents, which could support consistent rental payments. Yet, without knowing the days-on-market (DOM) for properties, it's challenging to assess the speed at which rental units turn over, a key indicator of market volatility.
Given the limited data, ZIP 75469 does not clearly fit into a high-yield/low-stability flip-style market or a steady-cashflow zone. Instead, it appears to be a niche market with moderate stability due to higher homeownership rates and average income levels. Landlords and small-portfolio investors should focus on the FMR as a reliable guideline for setting rents, while also considering the local economy's health and the potential for rental demand fluctuations.
To make a more informed decision, investors should seek additional data such as current market rents, typical home values, and DOM figures to better understand the balance between yield and stability. Without these specifics, the area leans towards providing steady cash flow rather than high-risk, high-reward opportunities, but this conclusion is based on the incomplete data set provided.
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.