Location: Amador County, CA | Metro: Amador County, CA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,380 |
| 1 Bedroom | $1,390 |
| 2 Bedrooms | $1,780 |
| 3 Bedrooms | $2,240 |
| 4 Bedrooms | $2,590 |
| 5 Bedrooms | $3,004 |
| 6 Bedrooms | $3,364 |
| 7 Bedrooms | $3,633 |
| 8 Bedrooms | $3,815 |
U.S. Census Bureau data (2024)
The potential risks for Section 8 investments in ZIP code 95601 must be carefully considered. Tenant turnover could pose a significant challenge due to the difference between the market rent of $1,708 and the Fair Market Rent (FMR) of $1,630 for fiscal year 2026. This gap suggests that landlords might face higher tenant churn, as some renters may struggle to meet the market rate.
Vacancy exposure is another concern, though specific data on Days on Market (DOM) is currently unavailable. The typical home value in this area stands at $476,640, while the median household income is $94,023. These figures indicate that many residents may rely heavily on rental assistance programs to afford housing, potentially leading to extended periods of vacancy if tenants cannot secure vouchers or other financial aid quickly.
Deferred maintenance is also a notable risk factor. With the typical home value being relatively high compared to the median income, landlords may find it challenging to maintain properties without passing on costs to tenants, which could further strain their ability to pay rent. However, these risks are somewhat mitigated by the high renter share, which stands at 24.3%. High renter density generally correlates with increased demand for rental assistance vouchers, ensuring a steady pool of potential tenants who can afford the property through Section 8.
In conclusion, the investment risk for a first-time Section 8 landlord in ZIP code 95601 is moderate.
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.