Location: Raleigh County, WV | Metro: Raleigh County, WV HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $840 |
| 1 Bedroom | $850 |
| 2 Bedrooms | $1,090 |
| 3 Bedrooms | $1,520 |
| 4 Bedrooms | $1,580 |
| 5 Bedrooms | $1,833 |
| 6 Bedrooms | $2,053 |
| 7 Bedrooms | $2,217 |
| 8 Bedrooms | $2,328 |
U.S. Census Bureau data (2024)
The classification of ZIP code 25878 hinges significantly on the available data points for fiscal year 2024, specifically the Fair Market Rent (FMR) of $970. This figure is crucial for understanding the potential rental yield in the area. However, the lack of comparative market data and home values makes it challenging to assess the overall investment attractiveness purely on yield alone.
Moving onto stability, the data reveals that 17.9% of residents are renters, indicating a relatively low proportion of tenants compared to homeowners. This suggests a market that may be less volatile due to fewer speculative investments. Additionally, the median household income stands at $25,878, which is a key indicator of the financial health of the local population and their ability to sustain rent payments over time.
Given the limited data, ZIP 25878 leans towards being a steady-cashflow zone rather than a high-yield/low-stability market. The primary driver for this assessment is the low percentage of renters, suggesting that the majority of homes are owner-occupied, which typically correlates with a more stable housing market. Furthermore, while the FMR of $970 provides a baseline for rental yields, the absence of market comparables and home values means that there's no evidence of significant price appreciation or speculative activity that would characterize a 'flip-style' market.
To further substantiate this analysis, it would be beneficial to obtain additional metrics such as the average days on market (DOM) for properties, which could provide insight into how quickly homes sell and thus indicate the liquidity of the market. Nonetheless, based on the current data, ZIP 25878 appears to offer a reliable cash flow opportunity with moderate risk, suitable for landlords and small-portfolio investors looking for consistent returns without the volatility associated with high-turnover rental markets.
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.