Location: Marion County, AR | Metro: Marion County, AR
| Unit Size | Monthly FMR |
|---|---|
| Studio | $650 |
| 1 Bedroom | $740 |
| 2 Bedrooms | $920 |
| 3 Bedrooms | $1,160 |
| 4 Bedrooms | $1,290 |
| 5 Bedrooms | $1,496 |
| 6 Bedrooms | $1,676 |
| 7 Bedrooms | $1,810 |
| 8 Bedrooms | $1,901 |
U.S. Census Bureau data (2024)
Investing in Section 8 properties in ZIP code 72668 presents several challenges that must be carefully considered. Tenant turnover is a significant concern due to the disparity between the market rent, which is currently unavailable, and the Fair Market Rent (FMR) of $910 for the fiscal year 2026 in the metro area. This discrepancy can lead to higher-than-average tenant churn as individuals seek to match their income levels with affordable housing options.
Vacancy exposure is another critical issue. The days on market (DOM) for vacant properties in this area is also not available, which suggests that there might be difficulties in accurately predicting how long a property will remain unoccupied. This uncertainty can impact cash flow and the overall profitability of a Section 8 investment.
The deferred maintenance exposure is noteworthy when considering the typical home value of $225,332 and the median income of $46,000. Given these figures, it's likely that many homeowners in this ZIP code may struggle to keep up with necessary repairs and maintenance. Landlords should anticipate the need for significant capital expenditures to maintain properties to the required standards set by the Housing Choice Voucher program.
However, the risks are somewhat mitigated by the fact that only 0.0% of residents are renters. High renter density often correlates with increased demand for housing vouchers, potentially leading to a more stable tenant base. In ZIP 72668, the low renter share indicates that voucher holders may face less competition for housing, making it easier for landlords to find and retain tenants who qualify for Section 8 assistance.
In conclusion, the investment in Section 8 properties in ZIP 72668 carries a moderate risk for a first-time landlord, primarily due to the unknowns surrounding market rent and days on market, but also because of the financial pressures on homeowners and the low renter share that could stabilize the tenant pool.
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.