Location: Randolph County, AR | Metro: Clay 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)
ZIP code 72413, located in Randolph County, AR, presents an opportunity for small-portfolio investors and landlords looking to strategically diversify their real estate holdings. This area is best suited as a diversifier within a Section 8 portfolio strategy due to its unique characteristics.
The median income in ZIP 72413 is $59,531, which indicates a moderate economic environment. With a 24.7% renter share, there is a substantial demand for rental properties, making it a stable choice for investment. However, the median home value is not available, suggesting that homeownership is less prevalent compared to renting, which further supports the focus on rental properties.
A key consideration when integrating ZIP 72413 into a Section 8 portfolio is the spread between the Fair Market Rent (FMR) and the market rent. For fiscal year 2026, the FMR for the metro area is $880, while the market rent stands at $641. This difference of $239 highlights the potential for higher rents under Section 8 contracts, which can serve as a cash-flow anchor. Landlords can rely on the guaranteed payment from the government to cover operating costs and provide a steady income stream.
Although the data does not provide specifics on price-cut shares or days on market (DOM), these metrics are typically less relevant for Section 8 investments focused on long-term rental stability rather than short-term appreciation. The primary goal here is to ensure consistent cash flow through reliable tenant support, rather than capital gains from property value increases.
In conclusion, ZIP 72413 should be viewed as a diversifier within a Section 8 portfolio strategy. It offers a mix of moderate income levels and a significant renter population, making it an ideal location for securing stable, long-term rental income. The ability to leverage the $239 spread between FMR and market rent ensures that landlords can maintain positive cash flow even amidst fluctuating market conditions.
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.