Location: Scioto County, OH | Metro: Adams County, OH
| Unit Size | Monthly FMR |
|---|---|
| Studio | $750 |
| 1 Bedroom | $830 |
| 2 Bedrooms | $1,030 |
| 3 Bedrooms | $1,320 |
| 4 Bedrooms | $1,440 |
| 5 Bedrooms | $1,670 |
| 6 Bedrooms | $1,870 |
| 7 Bedrooms | $2,020 |
| 8 Bedrooms | $2,121 |
U.S. Census Bureau data (2024)
To classify ZIP code 45671, we must analyze both its yield potential and stability factors. The yield is determined by comparing the Fair Market Rent (FMR) to the median home value. For ZIP 45671, the FMR stands at $980 for the fiscal year 2026, while the median home value is $95,119. This suggests that the area offers a decent rental yield, although the exact percentage would require additional context regarding typical mortgage payments or property acquisition costs.
The stability of the market can be gauged through several indicators, including the percentage of renters, the days on market (DOM), and the median household income. In ZIP 45671, 3.4% of residents are identified as renters, which is a low figure, indicating that the majority of the population owns their homes. This could imply a less stable rental market since there are fewer tenants relative to homeowners. However, the median household income of $51,442 suggests financial stability among the residents, which could support a consistent rental demand.
The absence of data on the average days on market (DOM) for rentals means we cannot directly assess how quickly properties might be leased. Without this information, it's challenging to fully evaluate the market's liquidity and stability for rental turnovers.
Based on the available data, ZIP 45671 does not fit neatly into the high-yield/low-stability category often associated with 'flip-style' markets. Instead, it appears to be a zone that offers steady cash flow but with some caveats. The relatively low percentage of renters and the lack of DOM data suggest a market that is not highly speculative or prone to quick flips. The FMR at $980 indicates that landlords can expect a moderate return on investment, especially when considering the median home value of $95,119. The median income of $51,442 supports the idea that tenants who do exist will likely have the means to pay rent consistently.
In summary, ZIP 45671 is best classified as a steady-cashflow zone with a moderate yield potential. The key figures supporting this classification are the FMR of $980, the median home value of $95,119, and the median household income of $51,442. Landlords and small-portfolio investors should consider these factors carefully before making investment decisions in this area.
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.