Real Estate Investing in Mount Clare, West Virginia (26408)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 26408 (Mount Clare, 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: 13.9% 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 Mount Clare, WV (26408)?
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Market Analysis: 26408 Mount Clare
Not every below-median market is a bargain. Mount Clare's 26408 ZIP records signals that favor experienced operators who can absorb the risk $202K pricing implies.
Rent of $936/mo on a $202K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 26408 sits below the stated 0.0% once reality is priced in.
From a cash-flow lens, 26408 offers a low basis, the region around Mount Clare has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The 26408 ZIP's population of 2,188 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that clocks in at the need for careful underwriting.
Strategy in 26408 is an operator game, not a passive one. On balance, entry prices of $202K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Mount Clare:
Property Strategy for 26408
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $127,349 | $1,040 | 5.9% | +2.9% | $63,674 |
| 3BR | $227,769 | $1,380 | 4.4% | +4.6% | $75,923 |
| 4BR | $350,644 | $1,590 | 3.3% | +5.6% | $87,661 |
Market Trends
Home Value History (with trend line)
📊 How Does 26408 Compare?
| Metric | 26408 | Mount Clare | Clarksburg, WV | West Virginia |
|---|---|---|---|---|
| Home Value | $201,776 | $201,776 | N/A | $169,372 |
| 5-Year CAGR | 3.6% | 3.6% | N/A | 6.1% |
| Avg Rent | $936 | $936 | N/A | - |
| Cap Rate | 3.6% | 3.6% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 26408 (Mount Clare, WV). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $201,776 |
| Monthly Rent | $936 |
| Price-to-Rent | 18.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.6% |
| Cap Rate | 3.6% |
| 5-Year IRR | 7.2% |
📈 Home Appreciation
| 1-Year | +3.9% ▲ |
| 3-Year CAGR | +3.0% ▲ |
| 5-Year CAGR | +3.6% ▲ |
| 10-Year CAGR | +3.9% ▲ |
🏠 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 (3.6%). 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 26408
Population: 2,188
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 the tenant base reliable in Mount Clare, WV?
Tenant demand in Mount Clare, WV is solid. The local workforce $936/mo rents across most rental classes.
Are landlord laws favorable in Mount Clare, WV?
Mount Clare, WV operates under WV law, which is landlord-friendly overall for landlords. Expect steady treatment in typical lease and eviction cases.
Is housing expensive in Mount Clare, WV?
Mount Clare, WV median home values land near $202K. That is reasonable territory for investors looking at $936/mo-per-month rentals.
Where do rents currently stand in Mount Clare, WV?
The typical rental in Mount Clare, WV commands about $936/mo monthly. That rent profile steady cash flow against the $202K purchase basis.
What are vacancy rates like in Mount Clare, WV?
Mount Clare, WV sees elevated vacancy, which is reasonable relative to the broader WV rental market.
You know 26408 now. You don’t know where it ranks.
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How 26408 ranks in Clarksburg, WV
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