Section 8 Fair Market Rent (FMR) for ZIP 95009 - 2027

FY 2027 Fair Market Rent Rates

The analysis of ZIP 95009, located in Campbell, California, reveals important insights regarding its potential as a real-estate investment market for landlords and small-portfolio investors.

The Fair Market Rent (FMR) for ZIP 95009 in fiscal year 2024 is set at $3,130. This figure indicates a relatively high yield compared to the surrounding areas, where market rents can vary but often exceed the FMR. However, without specific market rent and home value figures for ZIP 95009, we cannot make a direct comparison. The FMR serves as a benchmark for assessing rental affordability and is typically lower than market rents, suggesting a higher potential yield for properties rented above FMR levels.

Regarding stability, the data lacks specific percentages of renters, days on market (DOM), and median income figures for ZIP 95009. These metrics are crucial for understanding the reliability of cash flow and the demand for rental properties. The absence of such data makes it challenging to classify the market definitively on the stability axis.

Based on the available information, ZIP 95009 appears to offer a moderate level of yield given the FMR of $3,130. However, the lack of detailed stability metrics prevents a full assessment. It is advisable to seek additional data on rental trends, income levels, and occupancy rates to better understand the stability of the market.

In summary, ZIP 95009 is likely a mid-range investment opportunity, offering decent yields but requiring further investigation into its stability before making any definitive calls on whether it is a high-yield/low-stability flip-style market or a steady-cashflow zone.

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.