Location: Newton County, TX | Metro: Newton County, TX
| Unit Size | Monthly FMR |
|---|---|
| Studio | $760 |
| 1 Bedroom | $820 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,350 |
| 4 Bedrooms | $1,630 |
| 5 Bedrooms | $1,891 |
| 6 Bedrooms | $2,118 |
| 7 Bedrooms | $2,287 |
| 8 Bedrooms | $2,401 |
U.S. Census Bureau data (2024)
The classification of ZIP code 75928 hinges on the interplay between its yield potential and stability metrics. With a Fair Market Rent (FMR) of $970 for the fiscal year 2026, this figure serves as the primary benchmark for rental yields in the area. However, the absence of market and home value data points to an incomplete picture, suggesting that additional research might be necessary to fully assess these aspects.
Moving onto stability, ZIP 75928 presents a scenario where only 14.0% of residents are renters, indicating a relatively low demand for rental properties. The median household income of $31,037 suggests that tenants may have limited financial resources, which could affect their ability to pay rent consistently. This combination of low renter population and modest income levels points towards a less stable market environment for landlords and small-portfolio investors.
Given the available data, ZIP 75928 does not clearly fit into either a high-yield/low-stability flip-style market or a steady-cashflow zone. Instead, it appears to be situated in a middle ground, offering moderate rental yields but with notable risks related to tenant stability and economic conditions. Landlords should proceed with caution, focusing on thorough tenant screening and possibly seeking out properties with lower price points to maintain affordability for local renters.
To make a more informed decision, consider the following:
Therefore, ZIP 75928 represents a moderate opportunity for rental investment, requiring careful management and possibly a conservative approach to pricing and property selection.
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.