Shepherdstown, WV — Rental Investment Analysis
🔴POOR— negative cash flow likelyCap Rate
1.6%
Below average
Monthly Cash Flow
-$1,935
After all expenses
Price-to-Rent
24.7
Overpriced for rent
DSCR
0.25
Fails
📊 Key Metrics
- Median Home Price
- $486,613
- Average Rent (3BR)
- $1,640/mo
- Price-to-Rent Ratio
- 24.7(high)
- 1% Rule
- 0.34%(fails — need 1%+)
- Cash-on-Cash Return
- -20.7%
- 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
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
38.7%
Stretched
Section 8 Max Rent
$1,640/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)