Location: Yuma County, CO | Metro: Washington County, CO
| Unit Size | Monthly FMR |
|---|---|
| Studio | $900 |
| 1 Bedroom | $980 |
| 2 Bedrooms | $1,210 |
| 3 Bedrooms | $1,470 |
| 4 Bedrooms | $1,790 |
| 5 Bedrooms | $2,076 |
| 6 Bedrooms | $2,325 |
| 7 Bedrooms | $2,511 |
| 8 Bedrooms | $2,637 |
U.S. Census Bureau data (2024)
The area's median home value is currently listed at $165,600. This figure is below the national average and also lower than nearby ZIP codes, indicating that the local real estate market may not offer substantial appreciation potential. Therefore, it is unlikely to be an appreciation play.
Moreover, the ZIP code does not provide enough data to determine if it would act as a cash-flow anchor. However, the Federal Market Rent (FMR) for the metro area in FY 2026 is projected to be $1,040, while the market rent stands at $863. This creates a positive spread of $177 per month, which can be beneficial for landlords participating in the Section 8 program. The higher FMR compared to the market rent means that landlords can potentially receive a subsidy that exceeds the typical market rent, thus improving cash flow.
In conclusion, ZIP 80812 offers a strategic opportunity for diversification within a Section 8 portfolio due to its significant renter population and steady demand for affordable housing. While appreciation might not be a primary goal, the positive cash flow from the rent subsidy makes it a viable option for investors looking to balance their portfolios.
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.