Real Estate Investing in Parsons, West Virginia (26287)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 26287 (Parsons, WV)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 19.7% 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 Parsons, WV (26287)?
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Market Analysis: 26287 Parsons
ZIP 26287 in Parsons, WV carries a substantial set of headwinds. Home values near $134K and rents of $864/mo sit inside a market where underwriting has to be tight.
Distressed markets are won on execution, not on spreadsheets. ZIP 26287 stands at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
ZIP 26287's metrics run below Tucker County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
A healthy renter share of 22% in 26287 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Distressed ZIPs reward experience. resilient returns are possible in 26287, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Parsons:
Property Strategy for 26287
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $117,590 | $960 | 5.9% | +9.8% | $58,795 |
| 3BR | $155,073 | $1,240 | 5.8% | +5.8% | $51,691 |
| 4BR | $179,067 | $1,610 | 6.5% | +7.1% | $44,767 |
Market Trends
Home Value History (with trend line)
📊 How Does 26287 Compare?
| Metric | 26287 | Parsons | West Virginia |
|---|---|---|---|
| Home Value | $134,309 | $134,309 | $169,372 |
| 5-Year CAGR | 3.2% | 3.2% | 6.1% |
| Avg Rent | $864 | $864 | - |
| Cap Rate | 5.0% | 5.0% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 26287 (Parsons, WV). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $134,309 |
| Monthly Rent | $864 |
| Price-to-Rent | 13.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.7% |
| Cap Rate | 5.0% |
| 5-Year IRR | 8.2% |
📈 Home Appreciation
| 1-Year | +3.0% ▲ |
| 3-Year CAGR | -0.3% ▼ |
| 5-Year CAGR | +3.2% ▲ |
| 10-Year CAGR | +5.0% ▲ |
🏠 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 (5.0%). 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 26287
Population: 2,967
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
Is vacancy a concern in Parsons, WV?
Vacancy in Parsons, WV is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $864/mo.
How deep is the rental pool in Parsons, WV?
Parsons, WV offers a measured renter base at the $864/mo rent level. Tenant turnover is reasonable for well-managed properties.
How does Parsons, WV rate as a rental market?
Yes - Parsons, WV a 3.0/5 investability score. With $134K home prices against $864/mo monthly rent, the market delivers a reasonable entry point for new investors.
Is Parsons, WV good for landlords?
The landlord environment in Parsons, WV is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
Where do home prices stand in Parsons, WV?
Homes in Parsons, WV typically sell near $134K. Prices have moved at a 0.0% 5-year CAGR, which stable long-term demand.
You know 26287 now. You don’t know where it ranks.
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