Newton, WV — Rental Investment Analysis
🟢GOOD— solid returnsData: HUD FMR FY2024 + Zillow ZHVI April 2026 + Freddie Mac rates. Last updated June 2026.
Investment Summary
As of 2026, Newton, WV offers a 6.6% cap rate with median home prices of $132,390 and 3-bedroom rents of $1,110/month.
Newton offers solid returns for rental investors. With a median home price of $132,390, entry costs are low — making it accessible for beginning investors or those buying multiple properties. With 3-bedroom rents around $1,110/month, the 6.6% cap rate tells the story. Cash flow is modest at +$18/month — positive but tight. Rate increases or vacancies could flip it negative.
The 1% rule comes in at 0.84% — doesn't quite pass, but close enough to find individual deals that work. DSCR of 1.03 is tight — you'll pass most lender minimums but with little margin for error.
Bottom line: Newton offers a balance of moderate cash flow and growth potential. Good for investors who want some income while building equity over time.
Data sources: HUD Fair Market Rents (FY2024), Zillow Home Value Index (April 2026), Freddie Mac Primary Mortgage Market Survey.
Cap Rate
6.6%
Above average
Monthly Cash Flow
+$18
After all expenses
Price-to-Rent
9.9
Investor-friendly
DSCR
1.03
Tight
Key Metrics
- Median Home Price
- $132,390
- Average Rent (3BR)
- $1,110/mo
- Price-to-Rent Ratio
- 9.9(good)
- 1% Rule
- 0.84%(fails — need 1%+)
- Cash-on-Cash Return
- 0.7%
- 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
Property Tax Rate
0.57%
of assessed value (WV avg)
Median Income
$50,884
household (WV avg)
Rent-to-Income
26.2%
Affordable
Section 8 Max Rent
$1,110/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)