Charleston, WV — Rental Investment Analysis

🟡MODERATE— average returns

Cap Rate

5.7%

Below average

Monthly Cash Flow

-$102

After all expenses

Price-to-Rent

11.1

Investor-friendly

DSCR

0.89

Fails

📊 Key Metrics

Median Home Price: $176,928
Average Rent (3BR): $1,330/mo
Price-to-Rent Ratio: 11.1(good)
1% Rule: 0.75%(fails — need 1%+)
Cash-on-Cash Return: -3.0%
Vacancy Rate: 8.0%

📈 Market Strength

Unemployment Rate: 4.4%(+0.1% vs national)
Rent Growth (YoY): +2.9%(national avg)
Population Growth: -2.3% YoY

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

Customize these numbers →

Property Tax Rate

0.57%

of assessed value (WV avg)

Median Income

$50,884

household (WV avg)

Rent-to-Income

31.4%

Moderate

Section 8 Max Rent

$1,330/mo

3BR voucher payment

🏛️ WV Investor Climate

Landlord Friendly

7/10

State Income Tax

Has state tax

Property Tax

0.57% effective

Population Trend

-2.3% (3yr)

🏘️ Best Zip Codes in Charleston for Investors

25387

Cap Rate: 20.6%Cash Flow: +$685/mo$57,701

25306

Cap Rate: 15.7%Cash Flow: +$734/mo$94,244

25067

Cap Rate: 10.3%Cash Flow: +$351/mo$106,168

All Zip Codes in Charleston

Zip	Cap Rate	Cash Flow	Home Price	Rent (3BR)	DSCR
25387	20.6%	+$685	$57,701	$1,310/mo	3.23
25306	15.7%	+$734	$94,244	$1,670/mo	2.46
25067	10.3%	+$351	$106,168	$1,300/mo	1.62
25302	9.4%	+$271	$109,395	$1,230/mo	1.47
25311	6.6%	+$26	$150,604	$1,270/mo	1.03
25312	5.7%	-$102	$176,928	$1,330/mo	0.89
25312	5.7%	-$102	$176,928	$1,330/mo	0.89
25301	5.3%	-$162	$178,518	$1,270/mo	0.83
25313	5.2%	-$184	$189,125	$1,330/mo	0.82
25304	5.1%	-$222	$208,221	$1,440/mo	0.80
25314	4.0%	-$525	$257,960	$1,480/mo	0.62