Location: Raleigh County, WV | Metro: Raleigh County, WV HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $750 |
| 1 Bedroom | $760 |
| 2 Bedrooms | $970 |
| 3 Bedrooms | $1,340 |
| 4 Bedrooms | $1,400 |
| 5 Bedrooms | $1,624 |
| 6 Bedrooms | $1,819 |
| 7 Bedrooms | $1,965 |
| 8 Bedrooms | $2,063 |
U.S. Census Bureau data (2024)
The classification of ZIP 25008 hinges on the balance between yield potential and market stability. With a Fair Market Rent (FMR) of $930 for the fiscal year 2024, there's a clear indication that rental properties in this area can command a significant rent price. However, the lack of comparative market data and home value statistics limits our ability to fully assess the potential for flipping properties. This suggests that while there is a strong rental market, the information available does not support a high-yield/low-stability classification typical of a flip-style market.
The stability of ZIP 25008 is influenced by the fact that 32.8% of residents are renters. This figure, combined with the absence of data on days-on-market and median income, points towards a moderately stable rental environment. The proportion of renters indicates a steady demand for rental housing, which can translate into reliable cash flow for landlords. Without the full picture on income levels and how long homes typically stay on the market, we cannot conclusively determine if the area leans more towards being a high-stability zone or if it has elements of volatility.
Given the available data, ZIP 25008 appears to be a steady-cashflow zone. The key driver behind this assessment is the FMR figure of $930, which provides a solid basis for estimating rental income. While the percentage of renters at 32.8% suggests a reasonable level of stability, the incomplete dataset means we must proceed with caution when predicting broader market trends or assessing the risk associated with property flipping. For landlords and small-portfolio investors, focusing on rental yields rather than speculative gains would be prudent based on the current information.
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.