Location: Sullivan County, MO | Metro: Mercer County, MO
| Unit Size | Monthly FMR |
|---|---|
| Studio | $840 |
| 1 Bedroom | $1,000 |
| 2 Bedrooms | $1,130 |
| 3 Bedrooms | $1,440 |
| 4 Bedrooms | $1,690 |
| 5 Bedrooms | $1,960 |
| 6 Bedrooms | $2,195 |
| 7 Bedrooms | $2,371 |
| 8 Bedrooms | $2,490 |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for the Sullivan County, MO metro area in fiscal year 2026 is set at $1,250 for a one-bedroom unit. However, the market rent for ZIP 64667 is significantly lower, at approximately $500. This substantial spread means that properties in ZIP 64667 can be leased at the higher FMR rate through Section 8 vouchers, ensuring steady and reliable cash flow.
Given the median income in ZIP 64667 is $47,841, there is a notable demand for affordable housing options. With a 16.2% renter share, the potential tenant pool for Section 8 properties is substantial. This demographic supports the viability of the cash-flow anchor strategy, where the primary goal is to generate consistent rental income rather than focusing on property appreciation or rapid turnover.
A cash-flow anchor strategy is particularly effective in areas where market rents are below the FMR. In ZIP 64667, landlords can secure long-term, stable tenants through the Section 8 program, while also benefiting from the government subsidy that covers any gap between the market rent and the FMR. This approach ensures a predictable revenue stream, which is essential for landlords and small-portfolio investors looking to manage their investment risks and optimize returns.
While ZIP 64667 does not show significant appreciation potential or have a low Days on Market (DOM), it provides a solid foundation for a diversified real estate portfolio. The cash-flow anchor role allows investors to balance out riskier investments with properties that offer reliable income, thereby stabilizing overall returns.
To summarize, ZIP 64667 serves as a strong cash-flow anchor due to its low market rent and the high FMR supported by Section 8 vouchers. This makes it an ideal choice for landlords and small-portfolio investors seeking to maximize their rental income in a stable and predictable manner.
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.