Location: Towner County, ND | Metro: Rolette County, ND
| Unit Size | Monthly FMR |
|---|---|
| Studio | $890 |
| 1 Bedroom | $930 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,410 |
| 4 Bedrooms | $1,700 |
| 5 Bedrooms | $1,972 |
| 6 Bedrooms | $2,209 |
| 7 Bedrooms | $2,386 |
| 8 Bedrooms | $2,505 |
U.S. Census Bureau data (2024)
ZIP code 58310, located in Towner County, North Dakota, serves as an ideal cash-flow anchor within a Section 8 portfolio strategy. The Family Monthly Rent (FMR) for the metro area in fiscal year 2026 is set at $870, providing a stable baseline for rental income. While specific market data such as median home values and median incomes are not available, the consistent FMR ensures reliable cash flow, which is crucial for landlords and small-portfolio investors.
The lack of detailed market data indicates that this area might be less volatile compared to larger metropolitan areas. This stability means that landlords can expect steady rental payments without significant fluctuations in property values or tenant demand. The predictability of the FMR allows for accurate financial planning and budgeting, reducing the risk of unexpected losses.
Furthermore, the low renter share of 0.0% suggests that the majority of residents in ZIP 58310 are homeowners rather than renters. This characteristic aligns well with the concept of a cash-flow anchor, as it implies a strong local economy where homeownership is prevalent, supporting the stability of rental properties. Landlords can rely on the continuous need for affordable housing options, especially through government-assisted programs like Section 8, ensuring a steady stream of tenants.
In conclusion, ZIP 58310 is best categorized as a cash-flow anchor due to the guaranteed rental income from the FMR and the overall economic stability inferred from the limited market data. This makes it a secure choice for investors looking to balance their portfolios with low-risk, high-reliability assets.
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.