Is Cheat Lake, WV a good place to invest in rental property?

Cheat Lake, WV has a median modeled monthly cash flow of $-2,063 and a median cap rate of 1.9%, on a median sold price of $420,000. Prices changed +4.1% year over year.

What is the average cap rate in Cheat Lake, WV?

The median cap rate across recently sold homes in Cheat Lake, WV is 1.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Cheat Lake, WV?

The median sold price in Cheat Lake, WV is $420,000 (about $179 per square foot).

Investing in Cheat Lake, WV Real Estate

A data-driven snapshot of the Cheat Lake, WV rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$420,000Median sold price

$179Median $/sqft

1.9%Median cap rate

$-2,063Modeled cash flow / mo

+4.1%Appreciation YoY

7.8Months of supply

138Active listings

211Sold (last 12 mo)

What the Cheat Lake numbers say

In Cheat Lake, WV, the median home sold for $420,000 (about $179 per square foot), and the typical deal models out to a 1.9% cap rate with a median $-2,063 of monthly cash flow. Sold prices moved +4.1% over the past year. Inventory sits at about 7.8 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other West Virginia markets to compare

See Cheat Lake cash-flowing listings

CashFlowRE ranks every for-sale home in Cheat Lake, WV by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Cheat Lake deals, or browse the national market data.