Real Estate Investing in Monterville, West Virginia (26282)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 26282 (Monterville, WV)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 47.2% of homes vacant — above national norms.
- Elevated poverty: 48.7% poverty rate — can affect rent collection.
• 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 Monterville, WV (26282)?
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Market Analysis: 26282 Monterville
Not every below-median market is a bargain. Monterville's 26282 ZIP reports signals that favor experienced operators who can absorb the risk $138K pricing implies.
Rent of $801/mo on a $138K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 26282 sits below the stated 0.0% once reality is priced in.
The gap between 26282 and stronger Monterville ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
The 26282 ZIP's population of 197 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that registers the need for careful underwriting.
trends toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Monterville:
Market Trends
Home Value History (with trend line)
📊 How Does 26282 Compare?
| Metric | 26282 | Monterville | Elkins, WV | West Virginia |
|---|---|---|---|---|
| Home Value | $137,879 | $126,278 | N/A | $169,372 |
| 5-Year CAGR | N/A | 1.5% | N/A | 6.1% |
| Avg Rent | $801 | $819 | N/A | - |
| Cap Rate | 4.5% | 5.1% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 26282 (Monterville, WV). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $137,879 |
| Monthly Rent | $801 |
| Price-to-Rent | 14.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.0% |
| Cap Rate | 4.5% |
| 5-Year IRR | 17.5% |
📈 Home Appreciation
| 1-Year | +13.0% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
| 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%) exceeds the estimated cap rate (4.5%). 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 26282
Population: 197
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
Frequently Asked Questions
What are vacancy rates like in Monterville, WV?
Monterville, WV carries elevated vacancy risk. Expect predictable absorption at market rents of $801/mo.
Are renters plentiful in Monterville, WV?
The tenant pool in Monterville, WV is solid, supported by local employment and population fundamentals. Rents of $801/mo are well-absorbed by the market.
Is Monterville, WV a smart market for rental property?
Monterville, WV comes in at an investability rating of 2.0/5, with median home values near $138K and average rents around $801/mo. That combination puts it in the resilient tier for investor interest.
How viable is house hacking in Monterville, WV?
Monterville, WV offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $801/mo rent level.
What is the average home sale price in Monterville, WV?
Monterville, WV median home values land near $138K. That is reasonable territory for investors looking at $801/mo-per-month rentals.
You know 26282 now. You don’t know where it ranks.
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How 26282 ranks in Elkins, WV
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