Location: Breathitt County, KY | Metro: Breathitt County, KY
| Unit Size | Monthly FMR |
|---|---|
| Studio | $670 |
| 1 Bedroom | $770 |
| 2 Bedrooms | $940 |
| 3 Bedrooms | $1,210 |
| 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)
To integrate ZIP 41385 into a Section 8 portfolio strategy, consider it primarily as a diversifier. This classification is based on the available data, which shows a 10.2% renter share. This percentage indicates that a significant portion of the residents in ZIP 41385 rely on rental properties, making it an attractive area for landlords and small-portfolio investors who want to balance their investments across different types of housing markets.
The data does not provide specific figures for the market price, median home value, or median income, which limits the ability to fully assess the potential for cash flow or property appreciation. However, the Federal Market Rent (FMR) for the metro area in fiscal year 2026 is set at $870. While this figure alone cannot determine whether ZIP 41385 serves as a cash-flow anchor due to the lack of comparative market data, it suggests that landlords can expect a stable, government-backed rental income in this area.
The absence of detailed market data such as price-cut share and days on market (DOM) means there's insufficient evidence to classify ZIP 41385 as an appreciation play. These metrics would typically indicate how quickly and efficiently homes are selling, which is crucial for investors looking to capitalize on rising property values. Without these specifics, focusing on the steady demand for rentals as indicated by the renter share becomes the most prudent approach.
In summary, ZIP 41385 should be considered as a diversifier within a Section 8 portfolio strategy. Its 10.2% renter share ensures a consistent tenant pool, reducing the risk of vacancies and providing a predictable income stream. While the FMR of $870 offers insight into expected rental rates, the lack of broader market data makes it difficult to justify this ZIP code solely as a cash-flow anchor or appreciation play. Landlords and investors can leverage this ZIP code to broaden their investment base and mitigate risks associated with relying too heavily on any single type of investment performance.
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.