Location: San Miguel County, CO | Metro: Dolores County, CO
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,130 |
| 1 Bedroom | $1,150 |
| 2 Bedrooms | $1,490 |
| 3 Bedrooms | $2,060 |
| 4 Bedrooms | $2,330 |
| 5 Bedrooms | $2,703 |
| 6 Bedrooms | $3,027 |
| 7 Bedrooms | $3,269 |
| 8 Bedrooms | $3,432 |
U.S. Census Bureau data (2024)
The classification of ZIP code 81325 hinges on the interplay between rental yield and market stability, using the Federal Market Rent (FMR) of $1,580 for the fiscal year 2026 as a key benchmark. The absence of specific market rent and home value data for this area suggests that it is less saturated compared to urban centers, which could imply higher yields but also potentially lower stability.
In terms of yield, the FMR of $1,580 indicates that properties in ZIP 81325 can be rented at rates competitive with federal standards. However, without precise market rent data, we cannot directly compare the FMR to local conditions, leaving the yield potential somewhat ambiguous. This ambiguity is further compounded by the lack of home value data, which would be crucial for calculating potential returns on investment.
Regarding stability, the 30.8% share of renters in ZIP 81325 provides insight into the demand for rentals. A lower percentage of renters might suggest a smaller pool of potential tenants, which could impact occupancy rates and thus cash flow stability. Additionally, the average income of $56,750 offers a glimpse into the financial capacity of residents to pay rents, though it's important to note that this figure alone does not determine stability; it must be considered alongside other factors such as employment rates and economic diversity.
The missing data on days on market (DOM) is significant, as it would indicate how quickly properties can be rented out, a direct measure of market liquidity and stability. Without this information, assessing the exact stability of the rental market in ZIP 81325 remains challenging.
Conclusion: ZIP 81325 presents an opportunity that lies between a high-yield/low-stability flip-style market and a steady-cashflow zone. The presence of federal rental support through the $1,580 FMR suggests a moderate yield potential, contingent upon actual market conditions. The stability is partially supported by the average income figure of $56,750, but the relatively low percentage of renters (30.8%) and the lack of DOM data introduce uncertainty. For landlords and small-portfolio investors, this ZIP code requires thorough local market research to fully gauge its potential.
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.