Location: Fayette County, WV | Metro: Fayette County, WV HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $770 |
| 1 Bedroom | $780 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,320 |
| 4 Bedrooms | $1,690 |
| 5 Bedrooms | $1,960 |
| 6 Bedrooms | $2,195 |
| 7 Bedrooms | $2,371 |
| 8 Bedrooms | $2,490 |
U.S. Census Bureau data (2024)
The ZIP code 25936 is situated in a neighborhood characterized by a high concentration of renters, making up 100.0% of the local population. This statistic alone paints a picture of an area where owning property is not a common practice, possibly due to economic factors or other local conditions. With a total population of 5, it's evident that this is a very small community, which could imply limited diversity and opportunities for large-scale investment.
Moving into the realm of rent economics, the Fair Market Rent (FMR) for ZIP 25936 as of fiscal year 2024 is set at $950. However, there is no available data on the market rent for this ZIP code, which suggests either a lack of rental activity or insufficient reporting. The absence of market rent figures makes it challenging to compare the FMR against actual market rates, but it does provide a baseline for what is considered fair rent in the area.
Given these details, ZIP 25936 would likely appeal more to a hands-off voucher operator rather than a hands-on value-add buyer. The small population size and the fact that all residents are renters indicate a stable demand for rental properties, which aligns well with the hands-off strategy. There isn't enough data to suggest significant potential for value addition through improvements or renovations, as the lack of market rent data implies limited competition and activity in the rental sector.
In conclusion, for investors looking to operate in a low-maintenance, steady environment, ZIP 25936 presents a clear opportunity. The reliance on Section 8 vouchers for 100.0% of the rental market ensures a consistent income stream, making it an attractive option for those who prefer predictable returns over active management and potential growth through market dynamics.
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.