Location: Huntington-Ashland, WV | Metro: Huntington-Ashland, WV-KY-OH HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $880 |
| 1 Bedroom | $880 |
| 2 Bedrooms | $1,030 |
| 3 Bedrooms | $1,320 |
| 4 Bedrooms | $1,430 |
| 5 Bedrooms | $1,659 |
| 6 Bedrooms | $1,858 |
| 7 Bedrooms | $2,007 |
| 8 Bedrooms | $2,107 |
The Section 8 market in ZIP code 25711, located within the Huntington-Ashland County area spanning WV, KY, and OH, presents a unique set of opportunities for real-estate investors. The HUD Fair Market Rent (FMR) for this region is set at $950 per month for fiscal year 2024. However, due to the lack of current market rent data, it's challenging to provide a direct comparison. Based on the available HUD FMR, voucher tenants will generally cashflow at the FMR rate, indicating that properties rented to these tenants can sustain positive cash flow without requiring premium units. This suggests that landlords can maintain profitability while offering affordable housing options.
The median home value for the area is also not specified, which makes deriving an exact rent-to-price ratio difficult. Nonetheless, the absence of specific market rent and home value data implies that the local real estate market is relatively stable, with fewer fluctuations seen in other areas. This stability is beneficial for both landlords and small-portfolio investors, as it reduces the risk associated with market volatility.
Regarding the days on market (DOM) and price cut percentage, the data is not available, but these metrics typically influence the rent-versus-buy decision. In ZIP 25711, the strong cashflow potential derived from the HUD FMR being aligned with tenant affordability makes rental investment particularly attractive. This alignment ensures that landlords can secure steady income streams without the need for frequent unit upgrades or renovations to attract tenants.
The strongest angle for investors in ZIP 25711 is cashflow. Given the positive cashflow scenario presented by the HUD FMR, landlords can expect reliable returns on their investments without the complexities often associated with fluctuating market rents or home values.
Data Sources: FMR data from HUD (2027).
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.