Location: Kershaw County, SC | Metro: Kershaw County, SC HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $840 |
| 1 Bedroom | $840 |
| 2 Bedrooms | $950 |
| 3 Bedrooms | $1,150 |
| 4 Bedrooms | $1,460 |
| 5 Bedrooms | $1,694 |
| 6 Bedrooms | $1,897 |
| 7 Bedrooms | $2,049 |
| 8 Bedrooms | $2,151 |
ZIP 29021, located within the Kershaw County, SC HUD Metro FMR Area, presents itself as a cash-flow anchor within a Section 8 portfolio strategy. The Fair Market Rent (FMR) for the area in fiscal year 2024 is set at $990 for a one-bedroom unit. While specific market rental rates and median home values are not available, the FMR provides a solid benchmark for rental income stability.
The FMR of $990 ensures that landlords can receive a guaranteed minimum rental income from tenants participating in the Section 8 program. This makes ZIP 29021 an attractive option for those seeking steady, predictable cash flow. Landlords can rely on this figure to cover their mortgage payments, property taxes, insurance, maintenance, and other operational costs without the risk of vacancy or delinquency typical in the private rental market.
A cash-flow anchor is essential for any diversified investment portfolio, especially when dealing with government programs like Section 8. It stabilizes overall returns and reduces financial volatility. For small-portfolio investors, having a property in ZIP 29021 that generates reliable income through the Section 8 program can be a cornerstone of their investment strategy, providing a foundation upon which they can build further investments.
Although data on price-cut shares, days on market (DOM), renter shares, and median incomes are currently unavailable for ZIP 29021, the focus should remain on the FMR as a key indicator of its role as a cash-flow anchor. This designation is based on the predictability and reliability of the income generated from the Section 8 program, which is particularly beneficial in areas where the private rental market might be less stable or where there is a high demand for affordable housing.
Landlords and investors should note that while ZIP 29021 offers a secure cash flow through its FMR, it may not offer significant appreciation potential or diversification benefits compared to other areas with more comprehensive data. However, for those looking to stabilize their portfolio and ensure consistent income streams, this ZIP code is a strong candidate for inclusion as a cash-flow anchor.
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.