Location: Floyd County, KY | Metro: Floyd County, KY
| Unit Size | Monthly FMR |
|---|---|
| Studio | $660 |
| 1 Bedroom | $710 |
| 2 Bedrooms | $930 |
| 3 Bedrooms | $1,240 |
| 4 Bedrooms | $1,250 |
| 5 Bedrooms | $1,450 |
| 6 Bedrooms | $1,624 |
| 7 Bedrooms | $1,754 |
| 8 Bedrooms | $1,842 |
U.S. Census Bureau data (2024)
ZIP 41655, located in Floyd County, Kentucky, serves as a strong cash-flow anchor within a Section 8 portfolio strategy. The Fixed Monthly Rent (FMR) for the $900 metro FY 2026 clearly indicates that properties in this area can secure stable rental income through the Section 8 program. Given the median home value in ZIP 41655 stands at $75,069, there is a notable spread between the FMR and the market value, which suggests that landlords can acquire properties at reasonable prices while still receiving guaranteed rental payments.
The absence of data on price-cut share and days on market (DOM) does not detract from the cash-flow anchor role. These metrics are typically used to gauge short-term market performance, but the primary focus for a Section 8 portfolio should be long-term stability and predictability, both of which ZIP 41655 offers. With a substantial 50.5% renter share, there is a significant demand for rental properties, making it easier for landlords to maintain occupancy rates and steady cash flow.
In contrast, the lack of specific data on appreciation potential and median income means that ZIP 41655 cannot be confidently labeled as an appreciation play or a diversifier. However, its attributes align well with the goal of providing a reliable cash flow. Landlords and small-portfolio investors should prioritize ZIP 41655 for its ability to generate consistent returns, rather than betting on speculative growth.
To summarize, ZIP 41655 is best suited as a cash-flow anchor in a Section 8 portfolio strategy due to its alignment with the program's rental rates and the high renter share ensuring stable occupancy. This makes it a valuable addition for those seeking predictable and dependable rental income.
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.