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Dallas County/Minburn/50167

50167

ZIPSAFMR
Dallas County, IA
Zillow

ZIP Investment Score

55Below average

095130300
BRFMR
Eff. Rent
0 BR$890$890
1 BR$930$930
2 BR$1,100$1,100
3 BR$1,500$1,500
4 BR$1,540$1,540
5 BR$1,771Not available
6 BR$2,037Not available
7 BR$2,342Not available
8 BR$2,693Not available

Purchase Price Calculator

Maximum purchase price
$101,543

Cost breakdown

+Likely effective rent$1,100
HUD FMRUsed$1,100
Market rentN/A
Est. payment standardN/A
-Principal and interest-$513
Loan amount$81,234
Down payment$20,309
Rate6.50%
Term30 years
-Operating costs-$387
Property taxes-$102
Insurance-$175
Utilities$0
HOA$0
Management-$110
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$17,918(88.2% ROI)
Projected value
$109,351
Return breakdown
Property appreciation+$7,808
Loan principal paid down+$2,910
Rental cash flow+$7,200
5-year hold
+$30,534(150.3% ROI)
Projected value
$114,887
Return breakdown
Property appreciation+$13,344
Loan principal paid down+$5,190
Rental cash flow+$12,000
10-year hold
+$64,808(319.1% ROI)
Projected value
$129,984
Return breakdown
Property appreciation+$28,441
Loan principal paid down+$12,367
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
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Tax rate
--
Mortgage rate
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ZIP 50167 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 50167 (Minburn, IA) is $1,100 a month. That is up 1.9% from $1,080 in FY 2026. Minburn is in the Des Moines-West Des Moines, IA HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 26 ZIP codes in Dallas County, 50167 has the 20th-highest two-bedroom rent (county range $930–$1,790). The median county two-bedroom FMR in Iowa is $927, so ZIP 50167 is 19% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 50167
BedroomsFY 2027Change90–110% range
Studio$890+2.3%$801–$979
1BR$930+2.2%$837–$1,023
2BR$1,100+1.9%$990–$1,210
3BR$1,500+2.0%$1,350–$1,650
4BR$1,540+2.0%$1,386–$1,694

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 50167
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$890$930$1,100$1,500$1,540
FY 2026$870$910$1,080$1,470$1,510
FY 2025$750$810$980$1,330$1,340
FY 2024$720$810$970$1,330$1,350
FY 2023$600$700$850$1,160$1,230

Two-bedroom rent in nearby Dallas County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 50167
50072$1,200+9.1%
50109$1,120+1.8%
50111$1,380+25.5%
50128$930−15.5%
50146$1,620+47.3%
50156$990−10.0%
50167Current$1,100—
50216$1,210+10.0%
50220$1,120+1.8%
50233$1,150+4.5%
50235$1,120+1.8%
50261$1,150+4.5%

Questions about ZIP 50167 rents

How much will Section 8 pay for a two-bedroom in ZIP 50167?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,100, that basic range is $990 to $1,210 a month. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is ZIP 50167 in?

ZIP 50167 is in the Des Moines-West Des Moines, IA HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.

How much did fair market rent change in ZIP 50167 for FY 2027?

The two-bedroom FMR rose 1.9%, from $1,080 in FY 2026 to $1,100 in FY 2027. Since FY 2023 it has risen 29.4%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set

County fair market rentMinburn, IA fair market rentIA statewide rentsWhat is SAFMR?Data sources