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

Petersburg, WV has a median modeled monthly cash flow of $-863 and a median cap rate of 2.2%, on a median sold price of $193,500. Prices changed +9.8% year over year.

What is the average cap rate in Petersburg, WV?

The median cap rate across recently sold homes in Petersburg, WV is 2.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Petersburg, WV?

The median sold price in Petersburg, WV is $193,500 (about $140 per square foot).

Investing in Petersburg, WV Real Estate

A data-driven snapshot of the Petersburg, 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.

$193,500Median sold price

$140Median $/sqft

2.2%Median cap rate

$-863Modeled cash flow / mo

+9.8%Appreciation YoY

4.6Months of supply

26Active listings

68Sold (last 12 mo)

What the Petersburg numbers say

In Petersburg, WV, the median home sold for $193,500 (about $140 per square foot), and the typical deal models out to a 2.2% cap rate with a median $-863 of monthly cash flow. Sold prices moved +9.8% over the past year. Inventory sits at about 4.6 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 Petersburg cash-flowing listings

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