Real Estate Investing in Flatwoods, West Virginia (26621)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 26621 (Flatwoods, 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.
- Higher unemployment: 15.6% unemployment — tenant risk signal.
• 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 Flatwoods, WV (26621)?
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Market Analysis: 26621 Flatwoods
Not every below-median market is a bargain. Flatwoods's 26621 ZIP records signals that favor experienced operators who can absorb the risk $136K pricing implies.
The 26621 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Regionally, 26621 sits on the difficult end of the WV spectrum. The a viable market for read — for disciplined operators — is that pricing reflects the difficulty.
The 26621 ZIP's population of 920 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that posts the need for careful underwriting.
The 26621 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Flatwoods:
Market Trends
Home Value History (with trend line)
📊 How Does 26621 Compare?
| Metric | 26621 | Flatwoods | West Virginia |
|---|---|---|---|
| Home Value | $136,186 | $148,101 | $169,372 |
| 5-Year CAGR | 1.8% | 3.1% | 6.1% |
| Avg Rent | $810 | $819 | - |
| Cap Rate | 4.6% | 4.4% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 26621 (Flatwoods, WV). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $136,186 |
| Monthly Rent | $810 |
| Price-to-Rent | 14.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.1% |
| Cap Rate | 4.6% |
| 5-Year IRR | 6.4% |
📈 Home Appreciation
| 1-Year | -0.3% ▼ |
| 3-Year CAGR | +0.9% ▲ |
| 5-Year CAGR | +1.8% ▲ |
| 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 (4.6%). 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 26621
Population: 920
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 26621
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
Does Flatwoods, WV make sense for an investment property?
Investors tracking Flatwoods, WV will find a 3.0/5 rating supported by $136K median home values and $810/mo rents. That profile suits long-term holders targeting even-keeled returns.
How qualified is the tenant pool in Flatwoods, WV?
Flatwoods, WV offers a even-keeled renter base at the $810/mo rent level. Tenant turnover is reasonable for well-managed properties.
What approach is best for Flatwoods, WV real estate?
Most investors in Flatwoods, WV run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
Is Flatwoods, WV good for house hacking?
House hacking in Flatwoods, WV is reasonable to execute. Prices around $136K and rents of $810/mo solid owner-occupant economics.
How much rent can I charge in Flatwoods, WV?
The typical rental in Flatwoods, WV commands about $810/mo monthly. That rent profile stable cash flow against the $136K purchase basis.
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