Real Estate Investing in Lashmeet, West Virginia (24733)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 24733 (Lashmeet, WV)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 9.0% vacancy may signal weakening demand.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Lashmeet, WV (24733)?
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Market Analysis: 24733 Lashmeet
The 24733 ZIP in Lashmeet, WV is a local-operator market. Outside capital chasing a $121K entry has to pair deep knowledge with the discount.
In practical terms, the numbers look inviting — $121K purchase price, 0.0% nominal cap — the work to hit that pro forma in 24733 is substantial and deserves full respect.
Stepping back, 24733 offers a low basis, the region around Lashmeet has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Employment concentration in 24733 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Experienced landlords with local relationships tend to find 24733 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Lashmeet:
Market Trends
Home Value History (with trend line)
📊 How Does 24733 Compare?
| Metric | 24733 | Lashmeet | Bluefield, WV-VA | West Virginia |
|---|---|---|---|---|
| Home Value | $121,116 | $121,116 | N/A | $169,372 |
| 5-Year CAGR | 5.3% | 5.3% | N/A | 6.1% |
| Avg Rent | $810 | $810 | N/A | - |
| Cap Rate | 5.2% | 5.2% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 24733 (Lashmeet, WV). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $121,116 |
| Monthly Rent | $810 |
| Price-to-Rent | 12.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.0% |
| Cap Rate | 5.2% |
| 5-Year IRR | 10.5% |
📈 Home Appreciation
| 1-Year | +2.8% ▲ |
| 3-Year CAGR | +1.9% ▲ |
| 5-Year CAGR | +5.3% ▲ |
| 10-Year CAGR | +6.0% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.2%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 24733
Population: 255
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Is real estate in Lashmeet, WV a good investment right now?
Investors tracking Lashmeet, WV will find a 3.0/5 rating supported by $121K median home values and $810/mo rents. That profile suits long-term holders targeting measured returns.
What is the average monthly rent in Lashmeet, WV?
Investors in Lashmeet, WV typically see rents near $810/mo per month against $121K home values - a solid setup for rental cash flow.
How expensive is real estate in Lashmeet, WV?
Homes in Lashmeet, WV typically sell near $121K. Prices have moved at a 0.0% 5-year CAGR, which stable long-term demand.
Is vacancy a concern in Lashmeet, WV?
Lashmeet, WV vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
Is WV a landlord-friendly state?
WV law landlord-friendly for landlords, and Lashmeet inherits those rules. Investors should still review local ordinances for rental licensing.
You know 24733 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 24733 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 24733 ranks in Bluefield, WV-VA
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