Location: Bethel Census Area, AK | Metro: Bethel Census Area, AK
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,520 |
| 1 Bedroom | $1,550 |
| 2 Bedrooms | $1,750 |
| 3 Bedrooms | $2,100 |
| 4 Bedrooms | $2,310 |
| 5 Bedrooms | $2,680 |
| 6 Bedrooms | $3,002 |
| 7 Bedrooms | $3,242 |
| 8 Bedrooms | $3,404 |
U.S. Census Bureau data (2024)
The analysis of ZIP code 99551 reveals a unique blend of characteristics that position it somewhere between a high-yield/low-stability flip-style market and a steady-cashflow zone. Let's break down the key metrics:
Yield Potential: The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,710, significantly higher than the market rent of $708. This suggests a substantial upside potential for rental properties in this ZIP code, particularly if they can meet or exceed the FMR standards. However, the absence of home value data indicates that traditional single-family homes might not be the primary investment focus, leaning more towards rental units.
Stability Factors: With 30.2% of residents being renters, there is a notable presence of tenants but not at the levels typically seen in highly unstable markets. The lack of data on days on market (DOM) could imply either a stable market where homes sell quickly, or an underdeveloped market with less frequent transactions. Additionally, the median income figure of $30,000 provides insight into the economic profile of the area, suggesting that it may face challenges in attracting higher-paying tenants or covering maintenance costs.
Given these metrics, ZIP 99551 appears to offer a moderate level of yield potential, driven by the disparity between the FMR and market rents. However, the stability is compromised by the lower median income, which could affect tenant retention and rent collection rates. For landlords and small-portfolio investors, this ZIP code presents opportunities for above-average returns but requires careful consideration of the local economic conditions and tenant demographics.
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.