Location: Lake Havasu City-Kingman, AZ | Metro: Lake Havasu City-Kingman, AZ MSA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $990 |
| 1 Bedroom | $990 |
| 2 Bedrooms | $1,240 |
| 3 Bedrooms | $1,710 |
| 4 Bedrooms | $1,890 |
| 5 Bedrooms | $2,192 |
| 6 Bedrooms | $2,455 |
| 7 Bedrooms | $2,651 |
| 8 Bedrooms | $2,784 |
The real estate landscape in ZIP 86439 (Unknown, AZ) presents a unique set of conditions that landlords and small-portfolio investors should consider carefully. The median home value is currently unavailable, which suggests a limited number of sales transactions or a highly specialized market. This lack of data on home values, coupled with an unspecified percentage of listings being reduced and an unknown median days on market (DOM), points to a market where sellers may have less pricing power over the next 12-24 months. When fewer homes sell at asking price and more listings experience reductions, it typically indicates a buyer's market where demand is lower relative to supply.
On the rental side, the Fair Market Rent (FMR) for ZIP 86439 as of fiscal year 2024 is $1210. Without specific data on the current market rent, it's difficult to assess how the FMR compares to actual rental rates. However, if the FMR is significantly higher than the prevailing market rents, it could signal an opportunity for rental income growth as the market adjusts. Conversely, if market rents are already at or above the FMR, this might suggest a saturated rental market with little room for significant rent increases.
For long-term hold investors, the appreciation thesis in Unknown, AZ is unclear due to the lack of detailed historical data. If the area experiences economic growth or increased population, there could be potential for property value appreciation. However, without concrete figures on past performance and future projections, it's challenging to assert a definitive appreciation trend. Investors should focus on the stability of rental income and the potential for long-term capital appreciation rather than short-term gains.
The combination of uncertain home values, reduced listings, and an unspecified DOM suggests a cautious approach to buying and selling properties in this area. Landlords and small investors should pay close attention to local economic indicators and housing trends to make informed decisions. Rental dynamics, particularly around the FMR, will be key in determining the viability of rental investments in this ZIP code.
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.