Location: Sherman County, TX | Metro: Hansford County, TX
| Unit Size | Monthly FMR |
|---|---|
| Studio | $860 |
| 1 Bedroom | $870 |
| 2 Bedrooms | $1,130 |
| 3 Bedrooms | $1,430 |
| 4 Bedrooms | $1,850 |
| 5 Bedrooms | $2,146 |
| 6 Bedrooms | $2,404 |
| 7 Bedrooms | $2,596 |
| 8 Bedrooms | $2,726 |
U.S. Census Bureau data (2024)
The classification of ZIP code 79086 hinges on the interplay between rental yield and market stability, both critical factors for landlords and small-portfolio investors. To begin, let's examine the yield potential in this area. The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,100, while the market rent stands at $984. This suggests that properties in ZIP 79086 can potentially command rents slightly above the market average but below the FMR. Given an estimated home value of $145,570, the yield calculation becomes significant. Assuming a conservative 1% property tax rate and standard maintenance costs, the potential net yield from renting a property at $984 per month could be relatively attractive compared to owning it outright.
Moving onto stability, the metrics paint a mixed picture. With 16.5% of residents being renters, the demand for rental housing is moderate, indicating neither a highly competitive nor a dormant market. The lack of data on days on market (DOM) makes it challenging to assess how quickly properties might be leased, which is a key indicator of stability. However, the median household income of $70,648 provides some insight into the financial health of potential tenants, suggesting a reasonable likelihood of timely rent payments. This income level, when juxtaposed with the market rent of $984, indicates that most tenants could afford rent without significant strain, thus contributing to stability.
Based on these figures, ZIP 79086 leans towards a steady-cashflow zone rather than a high-yield/low-stability flip-style market. The yield is decent but not exceptional, and the stability indicators, particularly the median income, support a predictable and consistent cash flow. While the renter percentage is not exceptionally high, it is sufficient to ensure a stable tenant pool. Therefore, for those looking to invest in a region with balanced yield and stability, ZIP 79086 presents a viable option, with its $984 market rent and $70,648 median income serving as foundational data points for this assessment.
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.