Location: Putnam County, OH | Metro: Defiance County, OH
| Unit Size | Monthly FMR |
|---|---|
| Studio | $840 |
| 1 Bedroom | $850 |
| 2 Bedrooms | $1,070 |
| 3 Bedrooms | $1,360 |
| 4 Bedrooms | $1,610 |
| 5 Bedrooms | $1,868 |
| 6 Bedrooms | $2,092 |
| 7 Bedrooms | $2,259 |
| 8 Bedrooms | $2,372 |
U.S. Census Bureau data (2024)
To classify ZIP code 43548, we must consider both yield and stability metrics. The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,030. However, the specific FMR for ZIP 43548 is not available, indicating that it may align closely with the broader metro average. The median home value in this ZIP code is $189,401, which provides a baseline for investment costs.
The stability indicators paint a mixed picture. Renters make up only 5.1% of the population, suggesting a low turnover rate and potentially less demand for rental properties. The median household income is $96,875, which is above the national average, implying a stable economic environment where residents can afford rent payments. Unfortunately, the days on market (DOM) figure is not available, which would have helped gauge the speed of property sales and thus the liquidity of the market.
Based on these figures, ZIP 43548 leans towards being a steady-cashflow zone. The relatively high median income supports consistent rental payments, reducing the risk of non-payment. While the lack of specific FMR data for the ZIP code makes it difficult to assess precise rental yields, the metro FMR of $1,030 provides a reasonable estimate for potential rental income. The low percentage of renters indicates that this area is not highly sought after for rental properties, which might limit the appeal for quick flips aimed at maximizing short-term gains.
Given the median home value of $189,401, landlords and small-portfolio investors should expect a moderate return on investment rather than high yields typically associated with flip-style markets. The stability of the local economy, as reflected in the income figures, suggests that this area is better suited for long-term investments focused on generating reliable cash flow rather than short-term speculative gains.
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.