Location: Brazoria County, TX | Metro: Brazoria County, TX HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $980 |
| 1 Bedroom | $1,120 |
| 2 Bedrooms | $1,230 |
| 3 Bedrooms | $1,660 |
| 4 Bedrooms | $2,060 |
| 5 Bedrooms | $2,390 |
| 6 Bedrooms | $2,677 |
| 7 Bedrooms | $2,891 |
| 8 Bedrooms | $3,036 |
U.S. Census Bureau data (2024)
The ZIP code 77577, located in Liverpool, TX, presents a unique scenario for real estate investors considering its yield and stability.
Firstly, let's examine the yield. The Fair Market Rent (FMR) for a one-bedroom unit in ZIP 77577 for fiscal year 2024 is set at $1250. Comparatively, the market rent stands at $938, indicating a potential upside if properties can be leased at or near FMR rates. However, the median home value in this ZIP code is $258,700, which suggests that the primary focus should be on rental yields rather than flipping properties for profit. The difference between FMR and market rent highlights a moderate opportunity for landlords to capture higher-than-average rental income.
Moving on to stability, the ZIP code reveals some mixed signals. Only 11.0% of residents are renters, which could imply a less dynamic rental market. Unfortunately, the days on market (DOM) data is not available, making it challenging to assess how quickly properties are typically sold. The median household income is $70,938, suggesting a stable economic base for the area. This income level supports the ability of residents to maintain rental payments and potentially purchase homes, contributing to overall market stability.
In conclusion, ZIP 77577 leans towards a steady-cashflow zone rather than a high-yield/low-stability flip-style market. The key figures supporting this classification include the modest gap between FMR and market rent, the relatively low percentage of renters, and the stable median household income. While there is room for capturing above-market rents, the limited rental market and the significant median home value suggest that quick flips are unlikely to be as profitable as long-term rental investments.
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.