Location: Hickory County, MO | Metro: Dallas County, MO HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $790 |
| 1 Bedroom | $850 |
| 2 Bedrooms | $960 |
| 3 Bedrooms | $1,330 |
| 4 Bedrooms | $1,580 |
| 5 Bedrooms | $1,833 |
| 6 Bedrooms | $2,053 |
| 7 Bedrooms | $2,217 |
| 8 Bedrooms | $2,328 |
U.S. Census Bureau data (2024)
The ZIP code 65767 is located in a region where the Fair Market Rent (FMR) for a unit is set at $800 for fiscal year 2024. This contrasts with the local market rent of $579, indicating a potential opportunity for landlords to receive higher rents through Section 8 programs. The median home value is $218,588, suggesting a moderate housing market.
Regarding stability, 20.3% of residents are renters, and the average household income is $52,708. The lack of data on days on market (DOM) makes it challenging to assess the volatility of the rental market.
The analysis suggests that ZIP 65767 falls into a steady-cashflow zone. The significant difference between the FMR ($800) and the market rent ($579) means landlords can expect higher yields when participating in Section 8 programs. With a median home value of $218,588, the property investment is relatively stable. The percentage of renters (20.3%) is low, which indicates a preference for homeownership, but the average income figure supports the ability of tenants to meet rent obligations.
To make a more precise determination, additional data such as days on market, vacancy rates, and specific local economic indicators would be necessary.
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.