Location: Raleigh County, WV | Metro: Raleigh County, WV HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $860 |
| 1 Bedroom | $870 |
| 2 Bedrooms | $1,120 |
| 3 Bedrooms | $1,520 |
| 4 Bedrooms | $1,700 |
| 5 Bedrooms | $1,972 |
| 6 Bedrooms | $2,209 |
| 7 Bedrooms | $2,386 |
| 8 Bedrooms | $2,505 |
U.S. Census Bureau data (2024)
The analysis of ZIP code 25818 reveals a unique combination of yield and stability factors that are critical for landlords and small-portfolio investors. The Fair Market Rent (FMR) for ZIP 25818 in fiscal year 2024 is set at $850. This figure is significant as it represents the maximum amount that can be charged for rent under the Section 8 program, which directly influences the potential rental income.
However, the lack of specific market rental prices and home values in the provided data makes it challenging to fully assess the yield potential. Typically, if the FMR is higher than market rates, it could indicate a higher yield opportunity. Conversely, if market rates exceed the FMR, the yield would be lower. Given the absence of market and home value data, we cannot definitively classify the yield potential beyond noting the FMR.
Moving onto stability, ZIP 25818 has reported a 0.0% rate of renters, which suggests an almost entirely owner-occupied area. This characteristic generally points towards a stable market since owner-occupiers tend to have a stronger commitment to their properties compared to renters. However, this also means that the demand for rental properties might be very low, making it less favorable for landlords seeking steady cash flow from rentals.
The median income in ZIP 25818 is $85,938. This figure indicates a relatively moderate income level, which can support some rental activity but might not drive high demand for luxury or premium rental units. A higher median income typically correlates with greater financial stability among residents, which can translate into more reliable tenants and lower vacancy rates.
In conclusion, ZIP 25818 leans more towards being a steady-cashflow zone rather than a high-yield/low-stability market. The 0.0% renters statistic strongly supports a stable environment due to the predominance of owner-occupiers, which reduces the risk of high turnover and vacancies. Despite the lack of market rental price data, the median income figure suggests that while there is demand for housing, it is likely to be more focused on owner-occupied homes rather than rental properties. For investors, this ZIP code offers a secure investment environment with predictable cash flows, albeit potentially limited in terms of high rental yields.
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.