Location: Dixie County, FL | Metro: Dixie County, FL
| Unit Size | Monthly FMR |
|---|---|
| Studio | $960 |
| 1 Bedroom | $1,000 |
| 2 Bedrooms | $1,090 |
| 3 Bedrooms | $1,430 |
| 4 Bedrooms | $1,430 |
| 5 Bedrooms | $1,659 |
| 6 Bedrooms | $1,858 |
| 7 Bedrooms | $2,007 |
| 8 Bedrooms | $2,107 |
U.S. Census Bureau data (2024)
The ZIP code 32692, located in Dixie County, FL, can serve as an effective diversifier in a Section 8 portfolio strategy. The median income for the area is lower than the national average, making it a suitable location for properties that cater to low-income families. With a 0.0% renter share, this indicates a predominantly owner-occupied market, which aligns well with the objective of diversifying a rental investment portfolio.
Given the lack of specific market data such as median home values and price-cut shares, it is challenging to assess the potential for appreciation. However, the low median income suggests that property values might not appreciate significantly in the short term, making it less likely to be an appreciation play.
As a cash-flow anchor, ZIP 32692 does not present a strong case due to the absence of specific market data. However, with the Fair Market Rent (FMR) set at $1,180 for FY 2026, landlords can expect stable rental income from Section 8 tenants. This fixed rate provides a reliable cash flow, though without comparative market data, it's difficult to quantify the exact spread or advantage over market rates.
In conclusion, ZIP 32692 should be considered a diversifier within a Section 8 portfolio strategy. Its characteristics provide a balance to a portfolio that may otherwise be heavily weighted towards areas with higher appreciation potential or stronger cash flow. Landlords and small-portfolio investors can leverage this ZIP code to stabilize their overall investment performance, especially when combined with properties in more dynamic markets.
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.