Location: Logan County, WV | Metro: Logan County, WV
| Unit Size | Monthly FMR |
|---|---|
| Studio | $710 |
| 1 Bedroom | $730 |
| 2 Bedrooms | $950 |
| 3 Bedrooms | $1,130 |
| 4 Bedrooms | $1,370 |
| 5 Bedrooms | $1,589 |
| 6 Bedrooms | $1,780 |
| 7 Bedrooms | $1,922 |
| 8 Bedrooms | $2,018 |
U.S. Census Bureau data (2024)
ZIP 25644, located in Logan County, WV, can serve as a diversifier within a Section 8 portfolio strategy. The median home value in this area stands at $96,400, which is significantly lower than the national median value of $338,100. This makes it an attractive option for investors seeking to balance their portfolio with more affordable markets.
The rental market in ZIP 25644 is minimal, with only 5.1% of the population being renters. However, this does not diminish its potential as a diversifier. Instead, the low renter share suggests that homeownership is prevalent, reducing competition for tenants and potentially stabilizing occupancy rates. Additionally, the median income in the area is $88,493, indicating that residents have sufficient financial capacity to afford housing costs.
A key factor in considering ZIP 25644 as a diversifier is its historical appreciation rate. Over the past decade, the area has seen a 44.6% increase in home values, outpacing the national rate of 101.1%. This appreciation trend could provide a long-term benefit to investors, especially when combined with the low median home value, making it a viable choice for a diversified investment strategy.
To further support the diversification argument, the median monthly rent for a four-bedroom home in ZIP 25644 is $1,060, while the Fair Market Rent (FMR) for the same type of unit in the Logan County, WV metro area for fiscal year 2026 is set at $880. This spread indicates that there is potential for rental income to exceed the FMR, providing a buffer against fluctuations in the broader real estate market.
In conclusion, ZIP 25644 should be viewed as a diversifier within a Section 8 portfolio strategy due to its low median home value, minimal rental market, and strong historical appreciation rate. These factors contribute to a balanced investment approach, leveraging the area's unique characteristics to enhance overall portfolio performance.
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.