Location: Darke County, OH | Metro: Dayton-Kettering-Beavercreek, OH MSA
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $870 |
| 1 Bedroom | $910 |
| 2 Bedrooms | $1,100 |
| 3 Bedrooms | $1,470 |
| 4 Bedrooms | $1,520 |
| 5 Bedrooms | $1,763 |
| 6 Bedrooms | $1,975 |
| 7 Bedrooms | $2,133 |
| 8 Bedrooms | $2,240 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,100 | $161,802 | 0.68% | D |
| 3BR | $1,470 | $228,909 | 0.64% | D |
| 4BR | $1,520 | $301,976 | 0.5% | F |
U.S. Census Bureau data (2024)
The analysis of ZIP code 45308, located in Bradford, Ohio, reveals a market that offers moderate potential for both yield and stability. The Fair Market Rent (FMR) for the fiscal year 2024 stands at $920, which is slightly above the market rate of $907. This indicates a modest premium for rental properties within this ZIP code, suggesting a reasonable yield for landlords and small-portfolio investors.
The median home value of $205,961 provides a baseline for property investment costs. However, the primary driver for yield in this market is the FMR, which dictates the rent that can be charged. Given that the FMR is higher than the market average, it suggests that rental income will be slightly better than what might be expected in a more competitive area. This, combined with the lower median home value, makes for an attractive investment opportunity where the cost-to-income ratio favors landlords.
In terms of stability, the ZIP code shows a 19.3% rate of renters, which is relatively low. This percentage implies that the majority of residents are homeowners, reducing the volatility typically associated with high-renter populations. While the number of days on market (DOM) is not available, the median household income of $70,435 provides some assurance regarding the ability of residents to afford rent. This figure, however, does not directly correlate to rental stability but does suggest that the local economy supports a certain level of disposable income.
Based on these figures, ZIP 45308 is best classified as a steady-cashflow zone rather than a high-yield/low-stability flip-style market. The slight premium on FMR over market rates ensures consistent cash flow, while the lower percentage of renters and stable median income contribute to a more predictable and less volatile rental environment. Investors seeking steady, reliable returns with minimal risk should consider this ZIP code as a viable option.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.