Real Estate Investing in White Sulphur Springs, West Virginia (24986)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 24986 (White Sulphur Springs, WV)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 29.1% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in White Sulphur Springs, WV (24986)?
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Market Analysis: 24986 White Sulphur Springs
Meanwhile, ZIP 24986 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $186K median. It rewards specialists, not generalists.
Rent of $792/mo on a $186K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 24986 sits below the stated 0.0% once reality is priced in.
Within WV, ZIP 24986 trails on several market indicators that neighboring Greenbrier County submarkets outperform. The gap is real and resilient enough to shape underwriting.
Demographically, 24986 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Experienced landlords with local relationships tend to find 24986 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 White Sulphur Springs:
Property Strategy for 24986
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $93,413 | $710 | 5.5% | +6.5% | $93,413 |
| 2BR | $121,691 | $880 | 5.2% | +7.1% | $60,846 |
| 3BR | $172,904 | $1,130 | 4.7% | +7.2% | $57,635 |
| 4BR | $314,631 | $1,180 | 2.7% | +7.3% | $78,658 |
| 5BR | $1,817,029 | — | — | +9.7% | $363,406 |
Market Trends
Home Value History (with trend line)
📊 How Does 24986 Compare?
| Metric | 24986 | White Sulphur Springs | West Virginia |
|---|---|---|---|
| Home Value | $185,750 | $185,750 | $169,372 |
| 5-Year CAGR | 4.1% | 4.1% | 6.1% |
| Avg Rent | $792 | $792 | - |
| Cap Rate | 3.3% | 3.3% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 24986 (White Sulphur Springs, WV). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $185,750 |
| Monthly Rent | $792 |
| Price-to-Rent | 19.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.1% |
| Cap Rate | 3.3% |
| 5-Year IRR | 7.4% |
📈 Home Appreciation
| 1-Year | +5.1% ▲ |
| 3-Year CAGR | +4.0% ▲ |
| 5-Year CAGR | +4.1% ▲ |
| 10-Year CAGR | +5.2% ▲ |
🏠 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 (3.3%). 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 24986
Population: 5,082
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 24986
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 vacancy a concern in White Sulphur Springs, WV?
Expect elevated vacancy in White Sulphur Springs, WV. Rents at $792/mo are absorbed by the tenant base without meaningful lag.
How strong is tenant demand in White Sulphur Springs, WV?
Working renters make up the core of the White Sulphur Springs, WV tenant base. The pool is reasonable for investors targeting long-term holds.
Is White Sulphur Springs, WV a friendly market for rental owners?
For rental operators, White Sulphur Springs, WV rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
What approach is best for White Sulphur Springs, WV real estate?
The best-fit strategy in White Sulphur Springs, WV is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
What is the typical home price in White Sulphur Springs, WV?
In White Sulphur Springs, WV the median home value sits at $186K. Against the broader WV market, that reads as reasonable for most investors.
You know 24986 now. You don’t know where it ranks.
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Community Ratings
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