Location: Kossuth County, IA | Metro: Humboldt County, IA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $690 |
| 1 Bedroom | $810 |
| 2 Bedrooms | $930 |
| 3 Bedrooms | $1,220 |
| 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 market analysis for Section 8 investors in ZIP code 50519, located in Kossuth County, IA metro, reveals a favorable cashflow scenario when comparing HUD Fair Market Rent (FMR) to local market conditions. The HUD FMR for the area is set at $920 for fiscal year 2026, which is significantly higher than the current market rent of $637 as reported by the Census ACS. This difference means that voucher tenants will generally cashflow positively at the FMR rate, providing a substantial buffer against any unforeseen expenses.
To further understand the investment potential, consider the median home value in the area, which stands at $140,418. Using this figure, we can calculate a rent-to-price ratio of approximately 0.45%. This low ratio suggests that rental income is a relatively minor component of overall property value, indicating that the area might be more suited for buy-and-hold strategies rather than flipping properties. However, the positive cashflow from Section 8 vouchers makes rental investment attractive.
The dynamics of days on market (DOM) and price-cut shares are not applicable in this scenario, as both are marked as N/A. This implies that the local real estate market is stable, with little need for price reductions or extended marketing periods. Stability is crucial for investors, as it ensures predictable cashflows and reduces the risk of sudden market downturns.
In conclusion, the strongest investor angle in ZIP 50519 is cashflow. With a significant gap between HUD FMR and market rent, landlords and small-portfolio investors can expect steady, positive cashflow from their Section 8 properties, making this an ideal location for those seeking reliable rental income.
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.