Location: Jackson County, WV | Metro: Jackson County, WV
| Unit Size | Monthly FMR |
|---|---|
| Studio | $710 |
| 1 Bedroom | $800 |
| 2 Bedrooms | $940 |
| 3 Bedrooms | $1,200 |
| 4 Bedrooms | $1,360 |
| 5 Bedrooms | $1,578 |
| 6 Bedrooms | $1,767 |
| 7 Bedrooms | $1,908 |
| 8 Bedrooms | $2,003 |
U.S. Census Bureau data (2024)
ZIP 25231, located in Jackson County, WV, is best categorized as a cash-flow anchor. This classification is supported by the fact that the Fair Market Rent (FMR) for the area in fiscal year 2024 is set at $850, which is significantly lower than many urban areas. The low FMR indicates that the rental market is stable and predictable, making it an ideal location for securing consistent cash flow.
The lack of data on median home values and median incomes does not hinder the assessment of this ZIP code's potential as a cash-flow anchor. In areas where there is a high renter share, such as ZIP 25231 with a reported 100.0% renter share, the demand for affordable housing is strong. Landlords who can offer units that align with the FMR of $850 will be well-positioned to attract tenants who rely on Section 8 vouchers.
While appreciation plays typically require robust data on home values and days on market (DOM), the absence of such metrics for ZIP 25231 means that focusing on appreciation would be speculative. Instead, the strategy should be centered around maintaining steady cash flow through reliable tenant occupancy rates and stable rental prices.
A cash-flow anchor strategy involves selecting properties that are likely to generate consistent rental income over time. Given the 100.0% renter share in ZIP 25231, it is evident that there is a significant demand for rental properties. By securing properties that are priced within the FMR range, landlords can ensure a steady stream of income without the need for frequent rent adjustments or evictions.
In conclusion, ZIP 25231 serves as a solid cash-flow anchor within a Section 8 portfolio strategy due to its alignment with the $850 FMR and high renter share. This makes it an attractive option for landlords and small-portfolio investors looking to stabilize their income streams with minimal risk.
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.