Location: Searcy County, AR | Metro: Marion County, AR
| Unit Size | Monthly FMR |
|---|---|
| Studio | $650 |
| 1 Bedroom | $710 |
| 2 Bedrooms | $910 |
| 3 Bedrooms | $1,230 |
| 4 Bedrooms | $1,280 |
| 5 Bedrooms | $1,485 |
| 6 Bedrooms | $1,663 |
| 7 Bedrooms | $1,796 |
| 8 Bedrooms | $1,886 |
U.S. Census Bureau data (2024)
The analysis of ZIP code 72675, located in Searcy County, Arkansas, reveals several key points for potential landlords and small-portfolio investors.
The rent math in this area is questionable due to the lack of available market rent data. The Fair Market Rent (FMR) for the metro area as of fiscal year 2026 is set at $880. Without a comparison to actual market rents, it's challenging to determine if this figure accurately reflects what tenants are willing to pay. Landlords should conduct thorough local market research to validate this FMR against current rental rates.
Acquisition costs in ZIP 72675 are relatively low, with a median home value of $214,172. This makes purchasing property an affordable option for investors looking to enter the market. Additionally, the low day-on-market (DOM) average suggests that homes sell quickly once listed, indicating a healthy market demand for properties. The minimal 0.1% share of homes needing price cuts further supports the idea that acquisitions can be made without significant negotiation or reduction in asking price.
Tenant demand in the area is moderate. With a total population of 1,047 and a 22.4% renter share, there are approximately 234 potential renters. This relatively small number of potential tenants could pose challenges for landlords in finding and retaining suitable occupants. However, the quick sale times of homes indicate some level of economic activity, which might translate into a steady, albeit limited, pool of renters.
In conclusion, while the acquisition costs in ZIP 72675 are favorable and suggest a positive entry point for real estate investment, the uncertainty around market rents and the limited tenant base present notable risks. Landlords should proceed with caution, ensuring they understand the local rental market dynamics before committing to investments in this area. The verdict leans towards cautious optimism, given the affordability of home purchases, but underscores the need for careful market assessment to confirm the viability of rental income at the proposed FMR levels.
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.