Location: Reynolds County, MO | Metro: Iron County, MO
| Unit Size | Monthly FMR |
|---|---|
| Studio | $790 |
| 1 Bedroom | $880 |
| 2 Bedrooms | $1,060 |
| 3 Bedrooms | $1,290 |
| 4 Bedrooms | $1,490 |
| 5 Bedrooms | $1,728 |
| 6 Bedrooms | $1,935 |
| 7 Bedrooms | $2,090 |
| 8 Bedrooms | $2,195 |
U.S. Census Bureau data (2024)
The market analysis for Section 8 investors in ZIP code 63625 within the Reynolds County, MO metro area highlights several key points regarding the financial viability of renting properties to voucher tenants. The HUD Fair Market Rent (FMR) for the metro scope in fiscal year 2026 is set at $970. However, the current market rent for ZIP 63625 is not available, which makes it difficult to directly compare the two figures.
To understand the potential cash flow from voucher tenants, we must consider the median home value in ZIP 63625, which stands at $185,712. Using this figure, we can derive a rough estimate of the rent-to-price ratio. Assuming a typical mortgage payment for a property of this value, the monthly rent derived from an FMR of $970 would likely result in marginal cash flow for most standard units. This suggests that to achieve positive cash flow, landlords might need to focus on premium units or those with lower acquisition costs.
The lack of available data on the median days on market (DOM) and the percentage of price cuts indicates that there isn't a significant issue with property turnover or pricing adjustments in this area. However, if rent-versus-buy dynamics were to be considered, these metrics would provide insight into how quickly properties sell and whether there's a need to adjust prices to meet market demand.
The strongest investor angle in ZIP 63625 appears to be stability. With a consistent HUD FMR and a median home value that provides a reasonable basis for rental pricing, investors can expect steady returns without the volatility often seen in other markets. While appreciation and cash flow are important considerations, the predictability of rental income through voucher programs offers a reliable investment strategy.
Note: The specific dollar figures for market rent, DOM, and price-cut share were not provided in the data given, thus they could not be included in the analysis.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.