Location: Winchester, VA | Metro: Winchester, VA-WV MSA
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,020 |
| 1 Bedroom | $1,130 |
| 2 Bedrooms | $1,420 |
| 3 Bedrooms | $1,770 |
| 4 Bedrooms | $2,380 |
| 5 Bedrooms | $2,761 |
| 6 Bedrooms | $3,092 |
| 7 Bedrooms | $3,339 |
| 8 Bedrooms | $3,506 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,420 | $233,579 | 0.61% | D |
| 3BR | $1,770 | $304,550 | 0.58% | F |
U.S. Census Bureau data (2024)
The classification of ZIP 26808, located in High View, WV, hinges on its yield and stability metrics. With a Fair Market Rent (FMR) of $1110 for fiscal year 2024, the rental market shows potential for steady cash flow. However, the lack of available market rent data introduces an element of uncertainty. The median home value of $266,644 suggests that the area is not cheap to invest in, but it aligns well with the FMR for generating reasonable returns.
On the stability front, the percentage of renters at 19.9% indicates a relatively low demand for rentals, which could pose challenges in maintaining consistent occupancy rates. The absence of average days on market (DOM) data further complicates the analysis, as it would be useful in understanding how quickly properties can be leased out. The median household income of $70,313 provides some assurance regarding the financial capability of residents to pay rent, though it does not guarantee stability.
Given these figures, ZIP 26808 leans towards being a steady-cashflow zone. The FMR of $1110 offers a clear benchmark for rental pricing, ensuring predictable income streams. While the low percentage of renters might suggest instability, the reasonable median income supports the ability of tenants to meet their obligations. The absence of certain data points, such as market rent and DOM, means there is less certainty around quick property turnover and immediate cash flow generation, ruling out the characteristics of a high-yield/low-stability flip-style market.
To summarize, the investment climate in ZIP 26808 is best described as a steady-cashflow zone, driven by the solid FMR and median income figures, despite the relatively low proportion of renters and incomplete data on market conditions.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.