Location: Pemiscot County, MO | Metro: Dunklin County, MO
| Unit Size | Monthly FMR |
|---|---|
| Studio | $710 |
| 1 Bedroom | $740 |
| 2 Bedrooms | $960 |
| 3 Bedrooms | $1,300 |
| 4 Bedrooms | $1,340 |
| 5 Bedrooms | $1,554 |
| 6 Bedrooms | $1,740 |
| 7 Bedrooms | $1,879 |
| 8 Bedrooms | $1,973 |
U.S. Census Bureau data (2024)
ZIP 63877, located in Pemiscot County, MO, is best suited as a cash-flow anchor within a Section 8 portfolio strategy. With a Fair Market Rent (FMR) of $890 for FY 2026 and a median home value of $105,821, the spread between FMR and market value indicates a strong potential for positive cash flow.
The median home value is significantly lower than the national average, making it an attractive area for investment. The active listings on Realty.com suggest a range of home values, with some as low as $109,000. This allows investors to acquire properties at a reasonable cost while still benefiting from the higher-than-average rental income.
The median income of $51,923 supports the demand for affordable housing, which aligns well with the Section 8 program. Additionally, the 44.8% renter share suggests a robust rental market, further validating the potential for steady cash flow.
While ZIP 63877 may not offer significant appreciation potential, given the limited data on price-cut shares and days on market (DOM), it serves as a reliable foundation for a Section 8 portfolio. The combination of a strong rental market and relatively low property values ensures that this ZIP code can provide consistent, predictable returns.
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.