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

Nitro, WV has a median modeled monthly cash flow of $-323 and a median cap rate of 4.3%, on a median sold price of $172,400. Prices changed +10.3% year over year.

What is the average cap rate in Nitro, WV?

The median cap rate across recently sold homes in Nitro, WV is 4.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Nitro, WV?

The median sold price in Nitro, WV is $172,400 (about $118 per square foot).

Investing in Nitro, WV Real Estate

A data-driven snapshot of the Nitro, 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.

$172,400Median sold price

$118Median $/sqft

4.3%Median cap rate

$-323Modeled cash flow / mo

+10.3%Appreciation YoY

6.1Months of supply

48Active listings

95Sold (last 12 mo)

What the Nitro numbers say

In Nitro, WV, the median home sold for $172,400 (about $118 per square foot), and the typical deal models out to a 4.3% cap rate with a median $-323 of monthly cash flow. Sold prices moved +10.3% over the past year. Inventory sits at about 6.1 months of supply. 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 Nitro cash-flowing listings

CashFlowRE ranks every for-sale home in Nitro, 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 Nitro deals, or browse the national market data.