Location: Cross County, AR | Metro: Cross County, AR
| Unit Size | Monthly FMR |
|---|---|
| Studio | $650 |
| 1 Bedroom | $700 |
| 2 Bedrooms | $910 |
| 3 Bedrooms | $1,260 |
| 4 Bedrooms | $1,520 |
| 5 Bedrooms | $1,763 |
| 6 Bedrooms | $1,975 |
| 7 Bedrooms | $2,133 |
| 8 Bedrooms | $2,240 |
To classify ZIP code 72387, we need to analyze the provided data points against typical benchmarks for yield and stability in real estate markets.
Yield Analysis: The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is $880. This figure represents the maximum amount that a Section 8 voucher holder can pay for rent in this area. However, the absence of specific market rent and home value data for ZIP 72387 limits our ability to fully assess the yield potential. Typically, higher yields are found when the FMR significantly exceeds local market rents, indicating an opportunity to charge more than what is typically paid by voucher holders. Without market rent data, it's challenging to determine if this is a high-yield scenario.
Stability Analysis: Stability in a real estate market is often gauged by factors such as the percentage of renters, days on market (DOM), and median income levels. Unfortunately, the data provided does not include these specifics for ZIP 72387. A high percentage of renters and low DOM suggest a stable rental market where properties are quickly leased out. Median income levels indicate the financial health of the residents, which affects their ability to sustain rent payments. Without these metrics, we cannot conclusively assess the stability of the market.
Conclusion: Based on the available data, ZIP 72387 appears to be a market with moderate potential for yield, given the $880 FMR, but lacks sufficient information to make a definitive call. The stability of the market remains unclear due to missing key indicators. To provide a precise classification, further research into local market rents, home values, and demographic data is required.
Data Sources: FMR data from HUD (2027).
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.