Is Raleigh County, WV good for real estate investing?

Raleigh County has an investment score of 63/100, rated as "Buy". The county ranks #254 nationally among 1000 counties analyzed.

What is the rent-to-price ratio in Raleigh?

The rent-to-price ratio in Raleigh County is 8.71% annually, which ranks in the 95th percentile nationally. Higher ratios indicate better cash flow potential.

What is the median home price in Raleigh?

The median home price in Raleigh County is $150,442. This ranks #155 in affordability among all US counties.

Can you cash flow on rental properties in Raleigh?

Based on median values with 20% down at current rates, a typical rental in Raleigh County would generate negative cash flow of $79/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Raleigh County

West VirginiaPopulation: 74,303

/100

Buy

#254 of 1,000 counties

#25 in West Virginia (55 counties)

Market Snapshot

$150,442

Median Home Price

36% below national median

$1,092/mo

Median Rent

28% below national median

8.71%

Rent-to-Price Ratio

Top 5% nationally

-$79

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Price History

Historical data from Zillow ZHVI/ZORI

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$150,442

Down Payment (20%)$30,088

Loan Amount$120,354

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,092

Monthly P&I-$789

Est. Expenses (35%)-$382

Net Cash Flow-$79/mo

5.7%

Cap Rate (all cash)

-2.7%

Cash-on-Cash Return

8.71%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 5.7% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

63/100

Cash Flow(30%)

87/100

Based on 8.71% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

31/100

Based on -3.8% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

83/100

Price-to-income ratio of 3.1x. Lower ratios indicate more affordable markets.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

+Above-average rent-to-price ratio (8.71%)
+Affordable relative to local incomes
+Complete rent data available

Challenges

-Declining home values (-3.8% YoY)
-Negative leverage (cap rate 5.7% < mortgage rate 6.9%)

Economic Indicators

Population

74,303

Median Income

$47,975

vs $57,018 national est.

Unemployment Rate

—

Data pending

Price-to-Income

3.1x

Moderately affordable

Compare to Nearby Counties

County					Verdict
WayneWV	64	$137,332	Est. pending	—	Buy	View
RandolphWV	64	$157,795	Est. pending	—	Buy	View
CurrentRaleighWV	63	$150,442	$1,092	8.71%	Buy
MonongaliaWV	62	$252,570	$1,416	6.73%	Buy	View
MineralWV	62	$188,601	Est. pending	—	Buy	View
PleasantsWV	61	$157,853	Est. pending	—	Buy	View

The Bottom Line

BuyRaleigh offers solid investment potential with good cash flow or appreciation prospects.

Raleigh County in West Virginia scores 63/100, ranking #254 of 1,000 US counties (top 34%). The 8.71% rent-to-price ratio exceeds the 1% rule target, suggesting strong cash flow potential.

Monthly Cash Flow

$-79/mo

Cap Rate

5.7%

Cash-on-Cash

-2.7%

Ready to Analyze a Deal in Raleigh?

Use our investment calculators to run detailed numbers on specific properties.

Single Family1-4 unit rentals, BRRRR House HackOwner-occupied strategy Multifamily5+ unit properties

Explore Other Markets

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$150,442

Down Payment (20%)$30,088

Loan Amount$120,354

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,092

Monthly P&I-$789

Est. Expenses (35%)-$382

Net Cash Flow-$79/mo

5.7%

Cap Rate (all cash)

-2.7%

Cash-on-Cash Return

8.71%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 5.7% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

63/100

Cash Flow(30%)

87/100

Based on 8.71% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

31/100

Based on -3.8% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

83/100

Price-to-income ratio of 3.1x. Lower ratios indicate more affordable markets.

County

Verdict

WayneWV

$137,332

Est. pending

—

Buy

View

RandolphWV

$157,795

Est. pending

—

Buy

View

CurrentRaleighWV

$150,442

$1,092

8.71%

Buy

MonongaliaWV

$252,570

$1,416

6.73%

Buy

View

MineralWV

$188,601

Est. pending

—

Buy

View

PleasantsWV

$157,853

Est. pending

—

Buy

View

The Bottom Line

BuyRaleigh offers solid investment potential with good cash flow or appreciation prospects.

Raleigh County in West Virginia scores 63/100, ranking #254 of 1,000 US counties (top 34%). The 8.71% rent-to-price ratio exceeds the 1% rule target, suggesting strong cash flow potential.

Monthly Cash Flow

$-79/mo

Cap Rate

5.7%

Cash-on-Cash

-2.7%