MarketsRun a deal in this market
State · WV
West Virginia
Data as of November 2024· Sources: Zillow ZHVI/ZORI, Census ACS
Strategy
Median home value
$159k
+3.2%Zillow ZHVI
Median rent
$1,100/mo
+3.5%Zillow ZORI
Gross yield
8.30%
Rent × 12 / value
Rent/price ratio
0.000%
1% rule benchmark
Median household income
$55,217
Census ACS
Owner-occupied
73.1%
Census ACS
Renter-occupied
26.9%
Census ACS
Population
-
Census ACS
What this means for LTR investors
Gross yield of 8.30% is solid - above the 7% threshold most LTR investors target.
Rent grew 3.5% YoY while values moved 3.2%. That gap drives whether yield compresses or expands over time.
Renter share is 27% - a deep renter pool means lower vacancy risk in West Virginia.
Median income of $55,217 sets the affordability ceiling on rent growth.