Location: Johnson County, AR | Metro: Johnson County, AR
| Unit Size | Monthly FMR |
|---|---|
| Studio | $680 |
| 1 Bedroom | $730 |
| 2 Bedrooms | $960 |
| 3 Bedrooms | $1,200 |
| 4 Bedrooms | $1,350 |
| 5 Bedrooms | $1,566 |
| 6 Bedrooms | $1,754 |
| 7 Bedrooms | $1,894 |
| 8 Bedrooms | $1,989 |
U.S. Census Bureau data (2024)
The ZIP code 72845 presents an interesting scenario for real-estate investors looking into Section 8 properties. To classify it, we must consider both yield and stability factors.
On the yield axis, the metro Fair Market Rent (FMR) for fiscal year 2026 is set at $880, while the market rent stands at $933. The median home value in this area is significantly higher at $199,229. This suggests that rental income could be slightly above the FMR but still relatively low compared to the potential equity appreciation from property ownership. For landlords, the difference between the FMR and market rent indicates a modest premium that can be earned if the property is not solely dedicated to Section 8 tenants.
Regarding stability, the ZIP code has a 12.1% rate of renters, which is quite low. Typically, areas with a higher percentage of renters are considered more stable for rental investments because there is a consistent demand for rentals. However, the low percentage of renters here might suggest that the majority of residents prefer homeownership, which can be seen as a positive sign of financial stability in the area. The median household income is $63,462, which is a key indicator of economic health and the ability of residents to afford housing, whether through renting or purchasing. Unfortunately, the average days on market (DOM) for rental listings is not available, which would have helped gauge how quickly properties can be rented out once they become vacant.
Given these figures, ZIP 72845 does not fit neatly into a high-yield/low-stability category often associated with flip-style markets. Instead, it appears to be more of a steady-cashflow zone. The low renter percentage and moderate income levels support this classification, as they imply a more stable economic base and potentially lower turnover rates. While the yield isn't exceptionally high due to the gap between FMR and median home values, the overall economic conditions suggest a reliable source of cash flow for long-term investors.
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.