Location: Trego County, KS | Metro: Graham County, KS
| Unit Size | Monthly FMR |
|---|---|
| Studio | $740 |
| 1 Bedroom | $870 |
| 2 Bedrooms | $1,000 |
| 3 Bedrooms | $1,190 |
| 4 Bedrooms | $1,470 |
| 5 Bedrooms | $1,705 |
| 6 Bedrooms | $1,910 |
| 7 Bedrooms | $2,063 |
| 8 Bedrooms | $2,166 |
U.S. Census Bureau data (2024)
ZIP 67672, located in WaKeeney, KS, within the Trego County, KS metro area, is best suited as a cash-flow anchor in a Section 8 portfolio strategy. This designation is based on the significant spread between the Fair Market Rent (FMR) for the metro area in fiscal year 2026, which is set at $890, and the current market rent of $804. The difference of $86 per month ensures that properties in this ZIP code will be consistently occupied by tenants who can afford the rent through Section 8 vouchers, thereby providing a stable source of income.
The median home value in ZIP 67672 is $130,963. This figure suggests that property acquisition costs are relatively low compared to other areas, making it easier for landlords and small-portfolio investors to enter the market without requiring substantial capital investment. The lower property values also imply that maintenance and renovation costs will be more manageable, further supporting the cash-flow anchor role.
ZIP 67672 has a renter share of 17.0%, indicating that while a portion of the population rents, there is a significant owner-occupied presence. The median income of $83,917 is sufficient to support the local economy and ensure that the Section 8 program remains well-funded and robust. However, the lack of data on price-cut share and days on market (DOM) suggest that appreciation plays are not a strong focus for this ZIP code.
In conclusion, ZIP 67672 serves as an ideal cash-flow anchor due to the positive spread between FMR and market rent, manageable property values, and a supportive economic environment that ensures consistent funding for the Section 8 program.
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.