Location: Monroe County, OH | Metro: Monroe County, OH
| Unit Size | Monthly FMR |
|---|---|
| Studio | $760 |
| 1 Bedroom | $770 |
| 2 Bedrooms | $1,000 |
| 3 Bedrooms | $1,310 |
| 4 Bedrooms | $1,320 |
| 5 Bedrooms | $1,531 |
| 6 Bedrooms | $1,715 |
| 7 Bedrooms | $1,852 |
| 8 Bedrooms | $1,945 |
The ZIP code 43757, located in Malaga, OH, presents a unique investment opportunity for landlords and small-portfolio investors. Unfortunately, the specific demographic data such as population, renter percentage, median income, and median home value for this ZIP code could not be directly retrieved from the sources provided. However, focusing on the economic aspect of the area, we can provide a detailed analysis.
The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $970. This figure is crucial for understanding the viability of Section 8 investments. While the exact market rent for ZIP 43757 is not specified, it is important to compare this against the FMR to gauge potential profitability.
In the context of Section 8 investments, ZIP 43757 appears to be better suited for hands-off operators. The FMR of $970 suggests that the area is not experiencing rapid inflation in rents, which means that the properties here would likely require less maintenance and management compared to areas with higher rent growth. This makes it a stable choice for those looking for steady, reliable returns.
However, the lack of precise data on median home values and median incomes indicates a need for further research. Investors interested in value-add strategies should conduct thorough due diligence to understand the local real estate market and identify opportunities for enhancing property values through renovations or improvements.
To summarize, ZIP 43757 offers a balanced environment for both hands-off and hands-on investors, depending on their strategy and risk tolerance. Hands-off operators can benefit from the stability offered by the FMR, while value-add buyers must delve deeper into the local market to uncover potential opportunities.
Data Sources: FMR data from HUD (2027).
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.