Location: Worth County, IA | Metro: Winnebago County, IA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $690 |
| 1 Bedroom | $710 |
| 2 Bedrooms | $930 |
| 3 Bedrooms | $1,280 |
| 4 Bedrooms | $1,300 |
| 5 Bedrooms | $1,508 |
| 6 Bedrooms | $1,689 |
| 7 Bedrooms | $1,824 |
| 8 Bedrooms | $1,915 |
U.S. Census Bureau data (2024)
ZIP 50446, located in Worth County, IA, can serve as a cash-flow anchor within a Section 8 portfolio strategy. The Fair Market Rent (FMR) for a 2-bedroom unit in the metro area for FY 2026 is set at $920. Given the median home value of $203,391, landlords can expect steady cash flow from tenants utilizing Section 8 vouchers.
The spread between the FMR and the market rent highlights the potential for positive cash flow. With a median market rent of $800, landlords can charge closer to the FMR of $920, ensuring they receive higher payments from the voucher program while still offering affordable housing options to tenants.
This ZIP code lacks significant appreciation potential, with no data available for price-cut shares or days on market (DOM). However, the 11.3% renter share indicates a stable demand for rental properties, making it a reliable addition to a diversified portfolio. Additionally, the median income of $107,000 suggests that residents have the financial stability to maintain their rental obligations.
In conclusion, ZIP 50446 is best suited as a cash-flow anchor due to the favorable spread between the FMR and market rent, ensuring consistent and predictable income for landlords and small-portfolio investors.
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.