Location: Mingo County, WV | Metro: Mingo County, WV
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| 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 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $960 | $58,860 | 1.63% | A+ |
| 3BR | $1,140 | $98,071 | 1.16% | B |
| 4BR | $1,390 | $128,798 | 1.08% | B |
U.S. Census Bureau data (2024)
The ZIP code 25670, located in Delbarton, WV, presents an interesting scenario for real estate investment, particularly under the lens of Section 8 analysis. The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $870, while the local market rent stands at $781. This indicates a slight premium for Section 8 properties, which can be beneficial for landlords seeking higher yields. However, the median home value of $86,831 suggests that the initial investment cost is relatively low, enhancing the potential for high returns.
To classify this market, we must consider both yield and stability. On the yield axis, the gap between the FMR ($870) and the market rent ($781) provides a compelling incentive for landlords to enter the Section 8 program. This discrepancy ensures that the rental income will exceed what could be earned from the private market, thereby maximizing profitability.
Regarding stability, the market shows signs of variability. With only 15.3% of residents being renters, there is a smaller pool of potential tenants, which could affect occupancy rates and the overall demand for rental properties. Additionally, the lack of data on days on market (DOM) makes it difficult to assess how quickly properties might be rented out. However, the average household income of $32,961 suggests that while not high, it is sufficient to support the local rental market, assuming the majority of Section 8 recipients have additional sources of income.
In conclusion, ZIP 25670 leans towards being a high-yield/low-stability market. The key figures driving this classification include the higher FMR compared to the market rent, indicating a potentially lucrative opportunity for landlords. Conversely, the lower percentage of renters and limited data on DOM point to less stable conditions, which could pose challenges for maintaining consistent cash flow. For small-portfolio investors willing to navigate these uncertainties, the potential for high returns is evident, but they should be prepared for a market that requires active management and possibly quicker turnover strategies to mitigate risks associated with lower stability.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.