Location: Mingo County, WV | Metro: Logan County, WV
| Unit Size | Monthly FMR |
|---|---|
| Studio | $720 |
| 1 Bedroom | $740 |
| 2 Bedrooms | $960 |
| 3 Bedrooms | $1,140 |
| 4 Bedrooms | $1,390 |
| 5 Bedrooms | $1,612 |
| 6 Bedrooms | $1,805 |
| 7 Bedrooms | $1,949 |
| 8 Bedrooms | $2,046 |
U.S. Census Bureau data (2024)
The Fair Market Rent for the $900 metro area in fiscal year 2026 is set at $900. Given the absence of detailed market data, we can infer that the rental rates in ZIP 25650 are likely lower than the FMR. This makes it an attractive option for landlords participating in the Section 8 program, as they can secure guaranteed rental income that exceeds local market rates.
A cash-flow anchor property ensures steady, reliable income streams, which is crucial for maintaining financial stability in a portfolio. In ZIP 25650, the guaranteed rent from the Section 8 program provides a solid foundation for cash flow, especially considering the limited availability of specific market data that would suggest otherwise.
While there is no explicit information on the appreciation potential or the percentage of renter share and median income, the focus should remain on the security and predictability that a cash-flow anchor offers. Landlords can leverage the consistent income to cover operational costs and reinvest in other parts of their portfolio.
In conclusion, ZIP 25650 serves well as a cash-flow anchor due to the assured rental income through the Section 8 program, which stands at $900 per month for the metro area in fiscal year 2026. This strategy allows landlords to benefit from a stable source of income without the risks associated with fluctuating market conditions or speculative investments aimed at capital appreciation.
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.