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 |
U.S. Census Bureau data (2024)
The analysis of ZIP code 43931 reveals a unique real estate landscape that falls into the category of low-yield and potentially unstable rental market. The Federal Market Rent (FMR) for the metro area in fiscal year 2026 is set at $970, which serves as the benchmark for potential rental income under the Section 8 program. However, the lack of available market rent data and home value estimates suggests that the local private market dynamics are not well understood, which can be a significant risk factor for investors.
Stability indicators also point towards a less favorable environment. With only 0.0% of the population identified as renters, it's clear that the demand for rental properties is minimal. This low percentage of renters implies that the majority of residents in ZIP 43931 own their homes, which could lead to a limited pool of potential tenants and higher vacancy rates. Additionally, the absence of day DOM (days on market) data further complicates the assessment of property turnover rates, a key metric for understanding market liquidity and stability.
The median household income of $78,241 provides some context but does not fully compensate for the other missing metrics. While this income level might support higher rents, the absence of market-specific data makes it challenging to determine if this income translates into willingness or ability to pay market rents, especially when the FMR is significantly lower at $970.
In summary, ZIP 43931 does not present itself as an attractive option for either high-yield flipping or steady cash flow investments. The low percentage of renters and the lack of comprehensive market data suggest that the investment risk is high due to uncertainty and potential instability in the rental market. Investors should proceed with caution and seek additional local market insights before committing capital.
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.