Location: Los Angeles-Long Beach-Glendale, CA | Metro: Los Angeles-Long Beach-Glendale, CA HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $2,150 |
| 1 Bedroom | $2,400 |
| 2 Bedrooms | $2,960 |
| 3 Bedrooms | $3,760 |
| 4 Bedrooms | $4,200 |
| 5 Bedrooms | $4,872 |
| 6 Bedrooms | $5,457 |
| 7 Bedrooms | $5,894 |
| 8 Bedrooms | $6,189 |
To integrate ZIP 91393 into a Section 8 portfolio strategy, it's essential to understand its financial metrics relative to the broader market. For fiscal year 2024, the Fair Market Rent (FMR) for ZIP 91393 is set at $2540. This figure serves as a benchmark for rental properties eligible under the Section 8 program.
The lack of specific data on market rents and median home values indicates that ZIP 91393 might be less mainstream or have limited publicly available real estate information. However, this does not necessarily mean it lacks potential. In fact, ZIP 91393 can act as a cash-flow anchor within a Section 8 portfolio strategy due to its stable and predictable rental income. The FMR provides a guaranteed minimum rent, which is crucial for maintaining consistent cash flows.
A cash-flow anchor is a property or area that consistently generates reliable income, mitigating the risk of income volatility in other parts of your portfolio. ZIP 91393 fits this role well because the FMR ensures that you will receive a steady stream of rental payments without the need to constantly adjust rates based on fluctuating market conditions. This predictability is particularly valuable for landlords and small-portfolio investors who seek to balance their investments with stable returns.
While there is no data on appreciation plays such as price-cut shares or days on market (DOM), the absence of these metrics suggests that the area may not be experiencing rapid growth or decline. This stability further supports the idea that ZIP 91393 is suitable as a cash-flow anchor rather than an investment focused on short-term capital gains.
In conclusion, ZIP 91393 should be considered as a cash-flow anchor within a Section 8 portfolio strategy. The guaranteed rental income of $2540 per month provides a solid foundation for financial planning and risk management, ensuring that your overall portfolio remains robust and consistent regardless of market fluctuations.
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.