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 |
ZIP 25717, located within the Huntington-Ashland, WV-KY-OH HUD Metro FMR Area, serves as a cash-flow anchor within a Section 8 portfolio strategy. The Federal Market Rent (FMR) for this ZIP code in fiscal year 2024 is set at $950. While the market rent data and median home values are currently unavailable, the FMR provides a stable and predictable source of rental income. This makes ZIP 25717 an ideal choice for landlords and small-portfolio investors seeking consistent cash flow.
The Section 8 program guarantees that tenants will pay only a portion of their income towards rent, with the government covering the remainder up to the FMR. Therefore, landlords can rely on receiving $950 per unit, minus any deductions for utilities, as long as they comply with the program's requirements. This steady income stream is particularly valuable in areas where market rents fluctuate or are unpredictable.
In addition, the lack of specific data on median income and renter share does not detract from the utility of ZIP 25717 as a cash-flow anchor. The predictability of the FMR ensures that landlords can plan their finances around a known figure, which is crucial for maintaining positive cash flow and covering operational expenses such as maintenance, insurance, and property taxes.
While ZIP 25717 may not offer significant potential for appreciation or diversification due to the absence of detailed market data, its role as a cash-flow anchor is solidified by the guaranteed income from the Section 8 program. Landlords should consider this ZIP code for properties that require a reliable income source, ensuring that their investments remain profitable even in uncertain economic conditions.
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.