Location: Seward County, NE | Metro: Seward County, NE HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $840 |
| 1 Bedroom | $850 |
| 2 Bedrooms | $1,080 |
| 3 Bedrooms | $1,500 |
| 4 Bedrooms | $1,770 |
| 5 Bedrooms | $2,053 |
| 6 Bedrooms | $2,299 |
| 7 Bedrooms | $2,483 |
| 8 Bedrooms | $2,607 |
U.S. Census Bureau data (2024)
The ZIP code 68364, located in Seward County, Nebraska, presents itself as a cash-flow anchor within a Section 8 portfolio strategy. This designation is based on the significant spread between the Fair Market Rent (FMR) set at $920 for fiscal year 2024 and the lack of available market rental rates, which suggests that the actual market rents could be higher than the FMR. The median home value of $222,776 further supports this position, indicating a stable housing market where properties can be acquired and maintained without excessive risk.
A cash-flow anchor is essential for any investment portfolio, particularly for those reliant on rental income. In ZIP 68364, the FMR provides a guaranteed minimum rental rate for Section 8 tenants, ensuring steady cash flow. Landlords and small-portfolio investors can count on this consistent revenue stream, which is especially valuable in areas where market fluctuations might otherwise impact their income. The absence of data regarding the market rental rates implies that there is an opportunity for landlords to charge slightly above the FMR, thereby maximizing their cash flow while still being within the bounds of what is affordable for Section 8 participants.
The median income of $96,767 also plays a role in supporting the cash-flow anchor strategy. While this figure does not directly relate to rental income, it indicates a relatively affluent area. This economic stability contributes to a lower risk of tenant default, as residents are more likely to have the financial means to meet their obligations. Additionally, a higher median income can lead to increased demand for rental properties, potentially allowing landlords to fill vacancies more quickly and maintain a steady occupancy rate.
In conclusion, ZIP 68364 serves as a strong cash-flow anchor within a Section 8 portfolio strategy due to the guaranteed FMR, the potential for higher market rents, and the economic stability indicated by the median income. These factors combine to provide a reliable source of income and reduce the overall risk associated with property investments.
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.