Real Estate Investing in Coal Mountain, West Virginia (24822)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 24822 (Coal Mountain, WV)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
No major risk flags on the data we track.
• 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 Coal Mountain, WV (24822)?
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Market Analysis: 24822 Coal Mountain
Investors eyeing 24822 need to respect the fundamentals at play. Home values of $93K come alongside slower price movement and elevated management overhead.
Stepping back, the numbers look inviting — $93K purchase price, 0.0% nominal cap — the work to hit that pro forma in 24822 is substantial and deserves full respect.
The gap between 24822 and stronger Coal Mountain ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Who lives in 24822 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
The right play in 24822 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Coal Mountain:
Market Trends
Home Value History (with trend line)
📊 How Does 24822 Compare?
| Metric | 24822 | Coal Mountain | West Virginia |
|---|---|---|---|
| Home Value | $93,298 | $46,649 | $169,372 |
| 5-Year CAGR | 2.3% | 2.3% | 6.1% |
| Avg Rent | $783 | $783 | - |
| Cap Rate | 6.6% | 6.6% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 24822 (Coal Mountain, WV). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $93,298 |
| Monthly Rent | $783 |
| Price-to-Rent | 9.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 10.1% |
| Cap Rate | 6.6% |
| 5-Year IRR | 8.8% |
📈 Home Appreciation
| 1-Year | +9.0% ▲ |
| 3-Year CAGR | -0.5% ▼ |
| 5-Year CAGR | +2.3% ▲ |
| 10-Year CAGR | N/A |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (6.6%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 24822
Population: 891
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
🎓 Schools in 24822
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
Frequently Asked Questions
Is Coal Mountain, WV a good market for buy-and-hold investors?
Investors tracking Coal Mountain, WV will find a 3.0/5 rating supported by $93K median home values and $783/mo rents. That profile suits long-term holders targeting measured returns.
Are eviction rules reasonable in Coal Mountain, WV?
Coal Mountain, WV falls under WV landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
What do rentals go for in Coal Mountain, WV?
Rental rates in Coal Mountain, WV average $783/mo. Tenant demand and $93K home values make the yield look reasonable by investor standards.
How high is vacancy risk in Coal Mountain, WV?
Vacancy risk in Coal Mountain, WV is elevated. That supports reliable cash flow for typical rental holds.
How qualified is the tenant pool in Coal Mountain, WV?
Expect a solid tenant pool in Coal Mountain, WV. The rental market absorbs $783/mo rents without meaningful friction.
You know 24822 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 24822 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.
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Community Ratings
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