Location: Phoenix-Mesa-Chandler, AZ | Metro: Phoenix-Mesa-Chandler, AZ MSA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,400 |
| 1 Bedroom | $1,500 |
| 2 Bedrooms | $1,740 |
| 3 Bedrooms | $2,300 |
| 4 Bedrooms | $2,550 |
| 5 Bedrooms | $2,958 |
| 6 Bedrooms | $3,313 |
| 7 Bedrooms | $3,578 |
| 8 Bedrooms | $3,757 |
The ZIP code 85275 in Mesa, Arizona, fits well as a cash-flow anchor within a Section 8 portfolio strategy. The Fair Market Rent (FMR) for FY 2024 in this area is set at $1880 for a one-bedroom unit. While specific market rent data is not available, the lack of recent sales activity suggests that the rental market is stable and likely closely aligned with the FMR.
The median home value in ZIP 85275 is also not provided, which can be interpreted as an indication of limited residential property transactions. This stability makes it an attractive option for landlords and small-portfolio investors seeking reliable cash flow from their rental properties.
A cash-flow anchor is essential for any real estate investment strategy, providing consistent income even when other parts of the portfolio experience fluctuations. ZIP 85275, being part of the Phoenix-Mesa-Chandler, AZ Metropolitan Statistical Area (MSA), benefits from the broader economic trends of the region. The MSA has historically seen steady growth, making it a secure choice for long-term investments.
To summarize, ZIP 85275 should be considered a cash-flow anchor due to its stable rental market and alignment with the Section 8 FMR of $1880. This ZIP code offers a predictable and reliable income stream for investors, minimizing risks associated with market volatility.
Data Sources: FMR data from HUD (2027).
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.