Location: Izard County, AR | Metro: Fulton County, AR
| Unit Size | Monthly FMR |
|---|---|
| Studio | $650 |
| 1 Bedroom | $750 |
| 2 Bedrooms | $910 |
| 3 Bedrooms | $1,240 |
| 4 Bedrooms | $1,410 |
| 5 Bedrooms | $1,636 |
| 6 Bedrooms | $1,832 |
| 7 Bedrooms | $1,979 |
| 8 Bedrooms | $2,078 |
U.S. Census Bureau data (2024)
The analysis of ZIP code 72566 in Izard County, AR, reveals several key points for landlords and small-portfolio investors.
The rent math works out favorably. The Fair Market Rent (FMR) for the area, set at $880 for fiscal year 2026, closely aligns with the market rent reported by the Census Bureau's American Community Survey (ACS), which stands at $883. This indicates that the rental rates are competitive and likely to attract tenants without significant adjustments.
Regarding acquisition affordability, the data presents a challenge. With a median home value of N/A, days on the market (DOM) of N/A, and a price-cut share of N/A%, it's difficult to assess the ease of acquiring properties in this area. These missing figures suggest a lack of recent sales data or a limited housing market, which could mean either a stable market with few transactions or an underdeveloped real estate sector.
Tenant demand is modest given the population size of 656 and a renter share of 13.4%. This means that only about 88 individuals are likely to be seeking rental accommodations. While this number is small, it can still support a niche investment strategy, particularly if targeting specific demographics such as students or seasonal workers.
In conclusion, while the rent math supports a viable investment opportunity in ZIP code 72566, the lack of detailed acquisition data poses a risk. Tenant demand is limited but manageable. Investors should proceed with caution, focusing on thorough local market research and possibly diversifying their portfolio across multiple areas to mitigate risk.
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.