Location: Wyandot County, OH | Metro: Hancock County, OH
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 | $750 |
| 1 Bedroom | $820 |
| 2 Bedrooms | $1,070 |
| 3 Bedrooms | $1,390 |
| 4 Bedrooms | $1,570 |
| 5 Bedrooms | $1,821 |
| 6 Bedrooms | $2,040 |
| 7 Bedrooms | $2,203 |
| 8 Bedrooms | $2,313 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,390 | $244,754 | 0.57% | F |
U.S. Census Bureau data (2024)
The Section 8 market analysis for ZIP code 45867 in Wyandot County, Ohio, reveals a favorable environment for landlords and small-portfolio investors. The HUD Fair Market Rent (FMR) for the area, set at $1,050 for the fiscal year 2026, exceeds the market rent reported by the Census ACS, which stands at $875. This means that voucher tenants can cashflow comfortably at the FMR rate, providing a significant buffer for landlords.
To further evaluate the investment potential, consider the median home value in the ZIP code, which is $234,324. Using this figure, we calculate the rent-to-price ratio by dividing the market rent ($875) by the median home value. This yields a ratio of approximately 0.0037, indicating that rental income represents a small fraction of the property's value. However, given the disparity between the HUD FMR and the actual market rent, landlords can expect higher rental yields when accepting vouchers.
The dynamics of days on market (DOM) and the percentage of price cuts are not applicable (N/A) for rental properties in this analysis. These metrics are typically used for home sales and do not directly impact the decision-making process for rental investments. However, the strong positive difference between the HUD FMR and the market rent suggests that landlords will benefit from stable and predictable cash flows.
In conclusion, the strongest investor angle in ZIP code 45867 is cash flow. Landlords who accept Section 8 vouchers can expect to generate substantial monthly income above the current market rent, making it an attractive option for those looking to maximize their financial returns.
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.