Location: Saline County, MO | Metro: Pettis County, MO
| Unit Size | Monthly FMR |
|---|---|
| Studio | $730 |
| 1 Bedroom | $740 |
| 2 Bedrooms | $960 |
| 3 Bedrooms | $1,260 |
| 4 Bedrooms | $1,350 |
| 5 Bedrooms | $1,566 |
| 6 Bedrooms | $1,754 |
| 7 Bedrooms | $1,894 |
| 8 Bedrooms | $1,989 |
U.S. Census Bureau data (2024)
ZIP 65333, located in Saline County, Missouri, presents a unique opportunity for inclusion in a Section 8 portfolio strategy, particularly as a cash-flow anchor. The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $890, which is notably lower than the median home value of $245,008. This discrepancy creates a significant spread that can be leveraged to ensure consistent cash flow.
The low FMR relative to the median home value means that properties in ZIP 65333 can be rented out to Section 8 participants while still maintaining a positive cash flow for landlords. This is crucial because it allows investors to rely on steady rental income without the risk of property values outpacing rental rates, which is a common concern in areas with rapidly appreciating real estate markets.
Although the data does not provide specific percentages for price-cut shares or days on market (DOM), the lack of these figures suggests a stable local market rather than one experiencing speculative price increases or rapid turnover. In such a scenario, focusing on cash flow stability through Section 8 tenants is a prudent strategy.
ZIP 65333 also has a renter share of 5.4%, indicating that a relatively small portion of the population owns their homes. This implies a strong demand for rental properties, making it easier for landlords to find tenants. Additionally, the median income of $59,208 provides a reasonable economic foundation for the area, suggesting that tenants are likely to have stable employment and be able to meet their rental obligations.
In summary, ZIP 65333 should be considered a cash-flow anchor in a Section 8 portfolio strategy due to the favorable spread between the FMR and median home value, as well as the stable tenant base and economic conditions. This strategic position ensures that landlords can depend on reliable rental income from their investments in this ZIP code.
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.