Location: Magoffin County, KY | Metro: Breathitt County, KY
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 | $660 |
| 1 Bedroom | $720 |
| 2 Bedrooms | $920 |
| 3 Bedrooms | $1,250 |
| 4 Bedrooms | $1,280 |
| 5 Bedrooms | $1,485 |
| 6 Bedrooms | $1,663 |
| 7 Bedrooms | $1,796 |
| 8 Bedrooms | $1,886 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $920 | $64,755 | 1.42% | A |
| 3BR | $1,250 | $111,375 | 1.12% | B |
U.S. Census Bureau data (2024)
The classification of ZIP 41339 in Jackson, KY, reveals a unique balance between yield and stability. On the yield axis, the metro Fair Market Rent (FMR) for fiscal year 2026 is set at $880, while the local market FMR stands at $570. This indicates that there is a significant opportunity for landlords to capture higher rents by positioning their properties in line with the metro FMR rather than the lower local market rate. Additionally, the average home value of $91,181 suggests that property acquisition costs are relatively low, which can translate into higher yields when renting out homes at or above the metro FMR.
Moving to the stability axis, the data presents a mixed picture. With 24.8% of residents being renters, there is a moderate demand for rental housing, but it's not exceptionally high. The lack of data on days on market (DOM) makes it difficult to assess how quickly rental properties might turn over, which is crucial for understanding the market's volatility. However, the median household income of $34,764 is a key indicator of the financial stability of potential tenants. While this figure is not particularly high, it does suggest that tenants may struggle to pay rents significantly above the local FMR, indicating a need for competitive pricing to maintain occupancy rates.
Based on these figures, ZIP 41339 leans towards being a steady-cashflow zone. The relatively low home values coupled with the ability to charge rents closer to the metro FMR provide a solid yield potential. However, the moderate rental demand and lower median income suggest that the market is not highly volatile and that maintaining consistent cash flow will be more important than seeking short-term, high-risk profits. Landlords should focus on offering well-maintained properties at competitive rents to ensure stable occupancy and regular income.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.