Real Estate Investing in Flatwoods, West Virginia (26627)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 26627 (Flatwoods, WV)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 13.7% of homes vacant — above national norms.
- Elevated poverty: 62.2% poverty rate — can affect rent collection.
- Higher unemployment: 7.3% 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 (26627)?
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Market Analysis: 26627 Flatwoods
The 26627 ZIP in Flatwoods, WV is a local-operator market. Outside capital chasing a $169K entry has to pair deep knowledge with the discount.
Rent of $819/mo on a $169K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 26627 sits below the stated 0.0% once reality is priced in.
Within WV, ZIP 26627 trails on several market indicators that neighboring Braxton County submarkets outperform. The gap is real and substantial enough to shape underwriting.
A durable renter share of 29% in 26627 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The right play in 26627 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Flatwoods:
Market Trends
Home Value History (with trend line)
📊 How Does 26627 Compare?
| Metric | 26627 | Flatwoods | West Virginia |
|---|---|---|---|
| Home Value | $169,002 | $148,101 | $169,372 |
| 5-Year CAGR | 4.6% | 3.1% | 6.1% |
| Avg Rent | $819 | $819 | - |
| Cap Rate | 3.8% | 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 26627 (Flatwoods, WV). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $169,002 |
| Monthly Rent | $819 |
| Price-to-Rent | 17.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.8% |
| Cap Rate | 3.8% |
| 5-Year IRR | 8.3% |
📈 Home Appreciation
| 1-Year | +0.2% ▲ |
| 3-Year CAGR | +3.5% ▲ |
| 5-Year CAGR | +4.6% ▲ |
| 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 (3.8%). 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 26627
Population: 376
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 26627
Nearby Schools (1 more)
Schools in adjacent ZIP codes that may serve this area
Flatwoods Elementary School
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
Are tenants stable in Flatwoods, WV?
Flatwoods, WV draws a steady base of working renters. Demand at the $819/mo rent level is reasonable for standard single-family and small multi rentals.
What approach is best for Flatwoods, WV real estate?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Flatwoods, WV. The numbers - $169K homes against $819/mo rents - support that play.
How much should I expect to pay for a home in Flatwoods, WV?
Expect median prices around $169K in Flatwoods, WV. The market has run at a 0.0% 5-year CAGR, so entry costs have been predictable.
Is Flatwoods, WV a good market for FHA house hackers?
Flatwoods, WV is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $169K price point reasonable to enter.
Is Flatwoods, WV a smart market for rental property?
With a 3.0/5 investability score, Flatwoods, WV ranks as a solid market for rental property investors. Median prices of $169K and rents of $819/mo drive the underlying numbers.
You know 26627 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 26627 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
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