Location: Graham County, AZ | Metro: Graham County, AZ
| Unit Size | Monthly FMR |
|---|---|
| Studio | $810 |
| 1 Bedroom | $900 |
| 2 Bedrooms | $1,160 |
| 3 Bedrooms | $1,510 |
| 4 Bedrooms | $1,940 |
| 5 Bedrooms | $2,250 |
| 6 Bedrooms | $2,520 |
| 7 Bedrooms | $2,722 |
| 8 Bedrooms | $2,858 |
U.S. Census Bureau data (2024)
The classification of ZIP code 85536 hinges on the available data points for yield and stability. For yield, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 stands at $1,240. This figure indicates the potential rental income that can be achieved in the area. However, there is no specific market rent or median home value provided for ZIP 85536, which means we must rely on the FMR to gauge the rental market's profitability.
Moving to stability, the data shows that 26.2% of residents are renters. While this percentage is notable, it does not provide a complete picture of the rental market's health without knowing the average days on market (DOM) for rentals. The median household income in the area is $104,500, suggesting that residents have a decent financial capacity to meet their rent obligations.
Given the information, ZIP 85536 appears to be a steady-cashflow zone rather than a high-yield/low-stability flip-style market. The lack of data on market rents and median home values prevents us from making a high-yield classification, which typically requires both a robust market rent above the FMR and lower home values indicating potential for flipping properties. Instead, the combination of a defined FMR and a reasonable median income supports the idea of a stable rental market where consistent cash flow is likely.
The 26.2% renter rate is moderate, neither too high nor too low, and suggests a balanced mix of homeowners and renters. Without the day DOM data, we cannot fully assess the speed at which rental properties turn over, but the income level provides some assurance regarding the ability of residents to pay rent regularly.
In summary, based on the provided data, ZIP 85536 leans towards being a steady-cashflow zone due to the defined FMR and median income levels. Landlords and small-portfolio investors should find this environment conducive to maintaining a reliable stream of rental income without the volatility associated with high-turnover markets.
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.