Location: Johnson County, KY | Metro: Johnson County, KY
| Unit Size | Monthly FMR |
|---|---|
| Studio | $650 |
| 1 Bedroom | $790 |
| 2 Bedrooms | $910 |
| 3 Bedrooms | $1,190 |
| 4 Bedrooms | $1,310 |
| 5 Bedrooms | $1,520 |
| 6 Bedrooms | $1,702 |
| 7 Bedrooms | $1,838 |
| 8 Bedrooms | $1,930 |
U.S. Census Bureau data (2024)
ZIP code 41271 presents a moderate scenario for real estate investment, balancing between yield and stability. The Federal Market Rent (FMR) for the metro area in fiscal year 2026 is set at $870. This figure represents the maximum rent that can be charged under Section 8 programs, indicating a clear rental price ceiling. Coupled with a median home value of $120,044, this suggests a market where property values are relatively low, but so are potential rental incomes.
The stability axis is influenced by several factors. With only 18.9% of residents being renters, the demand for rental properties is somewhat limited, which could indicate a less stable rental market. However, the lack of data on days on market (DOM) makes it difficult to assess the speed at which properties are typically rented out. The median household income of $29,712 provides insight into the economic status of the area's residents, suggesting a lower-income bracket. This can impact both the ability of tenants to pay higher rents and the overall economic health of the region.
Given these metrics, ZIP 41271 does not qualify as a high-yield/low-stability 'flip-style' market. The FMR cap at $870 limits the potential rental income, while the relatively low percentage of renters and median income suggest a less dynamic and potentially riskier environment for rapid turnover and profit maximization.
Nor would this area be considered a steady-cashflow zone. While the low median home value might make property acquisition affordable, the limited rental population and lower median income indicate that maintaining consistent cash flow could be challenging. Tenants might struggle to meet the rent requirements, leading to potential vacancy issues.
Therefore, ZIP 41271 falls somewhere in between, offering neither the high yields nor the stability that many investors seek. The $870 FMR and $29,712 median income are key figures driving this assessment. Landlords and small-portfolio investors should proceed with caution, considering the balance between affordability and the economic conditions of the area.
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.