Location: Lake Havasu City-Kingman, AZ | Metro: Lake Havasu City-Kingman, AZ MSA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $990 |
| 1 Bedroom | $1,000 |
| 2 Bedrooms | $1,240 |
| 3 Bedrooms | $1,720 |
| 4 Bedrooms | $1,900 |
| 5 Bedrooms | $2,204 |
| 6 Bedrooms | $2,468 |
| 7 Bedrooms | $2,665 |
| 8 Bedrooms | $2,798 |
U.S. Census Bureau data (2024)
ZIP 86441, located within the Lake Havasu City-Kingman, AZ MSA metro, presents itself as a strong candidate for inclusion in a Section 8 portfolio strategy due to its characteristics that align well with the goals of cash-flow stability. This area serves as a reliable cash-flow anchor for several reasons.
The Federal Market Rent (FMR) for ZIP 86441 in fiscal year 2024 is set at $1210. Although the market rent figure is currently unavailable, the FMR provides a consistent and predictable income stream for landlords who participate in the Section 8 program. The median home value in this ZIP code is $128,198, which indicates a relatively affordable housing market where Section 8 vouchers can cover a significant portion of rental costs, ensuring steady cash flow.
The median income in ZIP 86441 is $25,098, suggesting that a substantial number of residents rely on government assistance such as Section 8 vouchers to afford housing. This creates a stable tenant pool with guaranteed rental payments through the voucher system, reducing the risk of vacancies and non-payment. Additionally, the 17.8% renter share demonstrates a significant demand for rental properties, further supporting the viability of a Section 8-focused investment strategy.
In conclusion, ZIP 86441 is best suited as a cash-flow anchor within a Section 8 portfolio strategy. The combination of an established FMR rate, an affordable median home value, and a population with a demonstrated need for rental assistance ensures a predictable and reliable source of income for landlords and small-portfolio investors. This makes it an attractive option for those seeking long-term financial stability in their real estate investments.
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.