Location: Coshocton County, OH | Metro: Coshocton County, OH
| Unit Size | Monthly FMR |
|---|---|
| Studio | $760 |
| 1 Bedroom | $880 |
| 2 Bedrooms | $1,000 |
| 3 Bedrooms | $1,250 |
| 4 Bedrooms | $1,690 |
| 5 Bedrooms | $1,960 |
| 6 Bedrooms | $2,195 |
| 7 Bedrooms | $2,371 |
| 8 Bedrooms | $2,490 |
The potential pitfalls for investing in ZIP 43828 under the Section 8 program are significant. Tenant turnover rates can be high, especially when comparing the market rent to the Fair Market Rent (FMR) of $970 set for the fiscal year 2026. High turnover increases operational costs and reduces profitability due to frequent vacancy periods.
Vacancy exposure is another critical concern. With no available data on days on market (DOM), it's challenging to predict how quickly units will fill once vacated. This uncertainty can lead to prolonged vacancy periods, further straining cash flows and profitability.
Deferred maintenance is also a risk factor. Without specific data on typical home values and median incomes, landlords cannot accurately assess the financial capacity of tenants to contribute to necessary repairs and upkeep. This lack of information makes it difficult to ensure that properties remain in good condition over time.
Despite these risks, there is a silver lining. The high proportion of renters in the area suggests strong demand for housing vouchers. While the exact percentage of renters is not provided, a high renter share generally translates into higher demand for subsidized housing options, which can stabilize occupancy rates.
Verdict: Moderate risk for a first-time Section 8 landlord.
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.