Location: Lake and Peninsula Borough, AK | Metro: Lake and Peninsula Borough, AK
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,440 |
| 1 Bedroom | $1,450 |
| 2 Bedrooms | $1,640 |
| 3 Bedrooms | $1,970 |
| 4 Bedrooms | $2,170 |
| 5 Bedrooms | $2,517 |
| 6 Bedrooms | $2,819 |
| 7 Bedrooms | $3,045 |
| 8 Bedrooms | $3,197 |
U.S. Census Bureau data (2024)
The analysis of the Section 8 cap rate for ZIP code 99640 reveals some interesting dynamics, particularly when comparing it to the broader market conditions. To start, let's consider the annualized Fair Market Rent (FMR) for a two-bedroom unit, which stands at $1,820 for fiscal year 2026, based on the metropolitan area standards. This figure represents the maximum allowable rent that can be charged under the Section 8 program.
Given that the median home value in ZIP 99640 is not available, we must rely on the rental information to infer potential gross yields. The implied gross yield from the FMR alone would be calculated using the annualized rent divided by the median home value. However, since the median home value is not provided, we cannot compute an exact gross yield percentage for the FMR scenario. Nonetheless, it's important to note that the FMR sets a ceiling on what landlords can charge under the Section 8 program.
When considering the market rent, the situation is similarly opaque due to the lack of specific data points. Without knowing the actual market rent, we cannot calculate a precise gross yield. Nevertheless, it's reasonable to assume that market rents might exceed the FMR, potentially offering higher gross yields to landlords who choose not to participate in the Section 8 program.
The renter density in ZIP 99640 is 39.1%, indicating a significant portion of the population is租房者。尽管我们没有具体的市场租金数据，但可以合理假设市场租金可能会超过FMR，从而为选择不参与Section 8项目的房东提供更高的毛收益率。
此外，由于没有提供天数的DOM（上市天数）数据，我们无法准确评估房源在市场上的停留时间。然而，较高的租户密度通常意味着租赁市场的活跃度较高，这可能对房东有利，尤其是在他们能够获得高于FMR的市场租金的情况下。
综上所述，在ZIP代码99640中，参与Section 8项目的房东将面临一个固定的毛收益率，该收益率基于$1,820的年度化两居室FMR。而那些能够获得市场租金的房东，虽然具体数字未知，但有可能实现更高的毛收益率。对于小规模投资组合的投资者来说，了解这些基本比率是至关重要的，因为它们直接影响到投资决策和预期回报。
请注意，上述分析受限于提供的数据点，特别是缺乏市场租金和中位房价的具体数值。投资者应根据自己的具体情况和市场调研来调整这些基本比率。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.