Location: Jonesboro, AR | Metro: Jonesboro, AR HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $730 |
| 1 Bedroom | $790 |
| 2 Bedrooms | $940 |
| 3 Bedrooms | $1,270 |
| 4 Bedrooms | $1,550 |
| 5 Bedrooms | $1,798 |
| 6 Bedrooms | $2,014 |
| 7 Bedrooms | $2,175 |
| 8 Bedrooms | $2,284 |
U.S. Census Bureau data (2024)
The ZIP code 72427 presents an interesting balance between yield and stability for real-estate investors. With a Fair Market Rent (FMR) of $890 for fiscal year 2024, it's clear that there is a defined rental market. However, the absence of market and home value data suggests limited liquidity and possibly less frequent sales activity, which can impact both the ease of entry into the market and potential resale values.
The stability of the area is primarily driven by the significant percentage of renters at 52.9%. This high proportion of tenants indicates a robust demand for rental properties, which can provide consistent cash flow. The median household income of $28,750 is relatively low, which might suggest some financial risk regarding tenant reliability. However, the lack of data on days-on-market (DOM) means we cannot assess how quickly properties are typically rented out or sold, which would be crucial for understanding the speed and efficiency of the local real estate market.
Given the available data, ZIP 72427 leans towards being a steady-cashflow zone rather than a high-yield/low-stability flip-style market. The strong rental presence supports a dependable income stream, but the limited market and home value data imply that opportunities for quick flips or speculative investments are fewer. Investors should focus on properties that can generate reliable rental income, given the substantial portion of renters and the defined FMR.
To make a more precise assessment, additional data such as average days-on-market and comparative market analysis would be necessary. These figures would help clarify whether the area offers better opportunities for short-term flips or long-term rental 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.