Location: Pend Oreille County, WA | Metro: Pend Oreille County, WA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $750 |
| 1 Bedroom | $820 |
| 2 Bedrooms | $1,070 |
| 3 Bedrooms | $1,390 |
| 4 Bedrooms | $1,790 |
| 5 Bedrooms | $2,076 |
| 6 Bedrooms | $2,325 |
| 7 Bedrooms | $2,511 |
| 8 Bedrooms | $2,637 |
U.S. Census Bureau data (2024)
ZIP 99152, located in Pend Oreille County, WA, presents itself as an ideal cash-flow anchor within a Section 8 portfolio strategy. The Federal Market Rent (FMR) for the $1,000 metro FY 2026 is set at a level that ensures steady, reliable rental income. This is particularly important given the area's market rate of $1,038 for similar units, indicating a minimal spread between the two rates. While the median home value is not available, the low volatility in rental rates suggests stability.
The primary reason for classifying ZIP 99152 as a cash-flow anchor is the predictability of income streams. Landlords can expect consistent payments without the need for frequent adjustments or market-rate fluctuations. With a stable rental environment, the risk of vacancies or non-payment is reduced, making it a secure choice for generating regular cash flow.
Although the data does not provide specifics on the percentage of price-cut share or days on market (DOM), which would typically influence decisions on appreciation plays, the limited information points towards a conservative approach. Given the lack of significant growth indicators, focusing on steady income rather than capital appreciation is more prudent.
ZIP 99152 also serves as a diversifier due to its 23.9% renter share and median income of $66,250. This indicates a substantial portion of the population relies on rental housing, including those who might benefit from Section 8 assistance. By incorporating properties in this ZIP code into a broader portfolio, landlords can balance their investments across different income levels and geographic areas, reducing overall risk.
In summary, ZIP 99152 is best suited as a cash-flow anchor within a Section 8 portfolio strategy. Its stable rental rates and predictable income streams make it a reliable choice for generating consistent cash flow. Additionally, its role as a diversifier through its renter share and median income provides further security against market fluctuations and vacancy risks.
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.