Location: Ross County, OH | Metro: Ross County, OH
| Unit Size | Monthly FMR |
|---|---|
| Studio | $900 |
| 1 Bedroom | $950 |
| 2 Bedrooms | $1,130 |
| 3 Bedrooms | $1,450 |
| 4 Bedrooms | $1,490 |
| 5 Bedrooms | $1,728 |
| 6 Bedrooms | $1,935 |
| 7 Bedrooms | $2,090 |
| 8 Bedrooms | $2,195 |
U.S. Census Bureau data (2024)
The median home value in ZIP 45673 is $88,700, which is significantly lower than the national average. This makes it an attractive area for investment as it suggests there is potential for property values to increase over time. Given the low median home value, any future appreciation will likely result in substantial capital gains for investors.
The Fair Market Rent (FMR) for the Ross County, OH metro area in fiscal year 2026 is set at $1,080. However, since the market and median home value data for ZIP 45673 specifically are not provided, we cannot calculate the exact spread between the FMR and these values. Nonetheless, the low median home value implies that rental income can be maintained at or near the FMR level without pricing out potential tenants.
ZIP 45673's median income is $64,438. This figure indicates that residents have sufficient financial stability to sustain rental payments. Furthermore, the lack of specific data regarding price-cut shares and days on market (DOM) suggests that the real estate market in this ZIP code is relatively stable, which is favorable for long-term investments focused on appreciation.
In summary, ZIP 45673 is best suited as an appreciation play within a Section 8 portfolio strategy. Its low median home value and stable median income provide a solid foundation for future growth in property values, ensuring that investors can benefit from capital appreciation while maintaining steady rental income.
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.