Location: Cincinnati, OH | Metro: Cincinnati, OH-KY-IN HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $740 |
| 1 Bedroom | $790 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,340 |
| 4 Bedrooms | $1,520 |
| 5 Bedrooms | $1,763 |
| 6 Bedrooms | $1,975 |
| 7 Bedrooms | $2,133 |
| 8 Bedrooms | $2,240 |
U.S. Census Bureau data (2024)
The market analysis for Section 8 investors in ZIP code 41085 reveals a strong cashflow opportunity due to the disparity between the HUD Fair Market Rent (FMR) and the local market rent. The HUD FMR for the area is set at $990 for the fiscal year 2024, while the Census ACS data indicates that the average market rent stands at $582. This means that landlords can expect to generate significant cashflow when renting to voucher tenants at the HUD FMR rate.
To further understand the investment potential, we examine the rent-to-price ratio using the median home value of $190,148. Given the HUD FMR of $990, the monthly rent represents approximately 0.52% of the median home value. This suggests that rental income could be a more attractive option compared to the home purchase price, particularly for those seeking steady cashflow.
The dynamics of days on market (DOM) and price cut percentages are not applicable in this scenario since both values are listed as N/A. However, the lack of these figures does not detract from the primary advantage of cashflow derived from the HUD FMR versus market rent. The stable and predictable nature of Section 8 vouchers ensures consistent income without the need for frequent unit turnovers or price adjustments.
In conclusion, the strongest investor angle in ZIP 41085 is the potential for substantial cashflow, given the significant difference between the HUD FMR and the actual market rent. This makes it an ideal location for landlords and small-portfolio investors looking to maximize their financial returns through Section 8 tenancy.
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.