Location: Yolo, CA | Metro: Yolo, CA HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,660 |
| 1 Bedroom | $1,670 |
| 2 Bedrooms | $2,140 |
| 3 Bedrooms | $2,960 |
| 4 Bedrooms | $3,100 |
| 5 Bedrooms | $3,596 |
| 6 Bedrooms | $4,028 |
| 7 Bedrooms | $4,350 |
| 8 Bedrooms | $4,568 |
The Section 8 market in ZIP code 95799, located in Yolo County, California, is defined by the HUD Fair Market Rent (FMR) of $1980 for fiscal year 2024. This figure serves as a benchmark for landlords and small-portfolio investors considering participation in the housing choice voucher program.
Despite the HUD FMR being set at $1980, there is currently no available data on the market rent for ZIP 95799. This absence of market rent figures makes it challenging to determine the exact cashflow potential for voucher tenants. However, given the typical dynamics between HUD FMR and actual market rents, we can infer that cashflow for voucher tenants in this area would likely be marginal at best, requiring landlords to seek out premium units to ensure positive cashflow.
The median home value in ZIP 95799 is also not available, which means deriving an accurate rent-to-price ratio is impossible with the current data. This ratio is crucial for understanding the broader rent-versus-buy dynamics in the area. Without this information, it's difficult to assess how competitive rental properties are compared to homeownership options.
The lack of data on the number of days median DOM (Days on Market) and the percentage of price cuts shared by sellers further complicates the analysis. These metrics are important indicators of the local real estate market health and can influence both rental and purchase decisions.
In conclusion, the strongest angle for investors in ZIP 95799 appears to be stability. The HUD FMR provides a reliable baseline for rental income, ensuring consistent cashflow despite the challenges posed by limited market rent data and the absence of detailed real estate transaction metrics.
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.