Location: Yuba City, CA | Metro: Chico, CA MSA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,060 |
| 1 Bedroom | $1,190 |
| 2 Bedrooms | $1,510 |
| 3 Bedrooms | $2,090 |
| 4 Bedrooms | $2,520 |
| 5 Bedrooms | $2,923 |
| 6 Bedrooms | $3,274 |
| 7 Bedrooms | $3,536 |
| 8 Bedrooms | $3,713 |
U.S. Census Bureau data (2024)
ZIP Code 95941, located in Forbestown, CA, within the Yuba City, CA MSA, serves as a solid diversifier within a Section 8 portfolio strategy. The median home value in this area is $252,558, which is lower compared to the Fair Market Rent (FMR) of $1,430 for the fiscal year 2024. Given that the median income data is currently unavailable, we must rely on other indicators.
The renter share in ZIP 95941 stands at 6.3%, indicating a relatively low concentration of renters. However, this characteristic makes it a suitable diversifier for landlords and small-portfolio investors who wish to balance their investments across different housing markets. The presence of multiple properties listed on Trulia, such as a 3-bedroom, 2-bathroom home for $310,000, provides opportunities for acquiring assets that can cater to both owner-occupied and rental markets.
While there isn't enough data to classify ZIP 95941 as an appreciation play or a cash-flow anchor, the existing information supports its role as a diversifier. The low median home value and moderate rental prices can offer stability to a portfolio, especially if other areas are experiencing higher volatility or have a greater focus on either appreciation or cash flow.
To further solidify this strategy, landlords should consider the broader context of the Yuba City, CA MSA, where ZIP 95941 is situated. Understanding the overall trends and dynamics of the larger metropolitan area will provide additional insights into how this ZIP code fits into a diversified investment plan.
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.