Location: Lincoln County, AR | Metro: Cleveland County, AR
| Unit Size | Monthly FMR |
|---|---|
| Studio | $650 |
| 1 Bedroom | $690 |
| 2 Bedrooms | $910 |
| 3 Bedrooms | $1,260 |
| 4 Bedrooms | $1,270 |
| 5 Bedrooms | $1,473 |
| 6 Bedrooms | $1,650 |
| 7 Bedrooms | $1,782 |
| 8 Bedrooms | $1,871 |
U.S. Census Bureau data (2024)
The market analysis for Section 8 investors in ZIP code 71667 reveals that voucher tenants can cashflow at the Federal Market Rent (FMR) set by HUD at $810 for the fiscal year 2024. The Census ACS data shows that the average market rent is $756, which means properties renting at the FMR will generate positive cash flow for landlords and small-portfolio investors.
To further analyze the investment potential, consider the median home value in ZIP 71667, which stands at $138,487. Using this figure, we can derive the rent-to-price ratio. At an average market rent of $756, the annual rent would be approximately $9,072. This results in a rent-to-price ratio of about 6.55%, calculated as $9,072 divided by $138,487. This ratio indicates that rental income is relatively low compared to the purchase price, suggesting that appreciation rather than cash flow might be the stronger investment angle.
Note that the median days on market (DOM) and the percentage of homes that experienced price cuts are not available for this ZIP code. However, these metrics are typically important when assessing the balance between buying and renting. Given the scarcity of this information, we must rely on other indicators such as the FMR and market rent to guide our analysis.
The strongest investor angle in ZIP 71667 is likely appreciation. With the FMR exceeding the market rent and the relatively low rent-to-price ratio, the potential for property values to increase over time outweighs the benefits of cash flow alone. Stability in the local market also supports this angle, as it ensures a consistent demand for housing and reduces the risk of vacancy.
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.