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

Shannondale, WV has a median modeled monthly cash flow of $-1,301 and a median cap rate of 2.8%, on a median sold price of $389,750. Prices changed -0.2% year over year.

What is the average cap rate in Shannondale, WV?

The median cap rate across recently sold homes in Shannondale, WV is 2.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Shannondale, WV?

The median sold price in Shannondale, WV is $389,750 (about $224 per square foot).

Investing in Shannondale, WV Real Estate

A data-driven snapshot of the Shannondale, 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.

$389,750Median sold price

$224Median $/sqft

2.8%Median cap rate

$-1,301Modeled cash flow / mo

-0.2%Appreciation YoY

6.1Months of supply

92Active listings

182Sold (last 12 mo)

What the Shannondale numbers say

In Shannondale, WV, the median home sold for $389,750 (about $224 per square foot), and the typical deal models out to a 2.8% cap rate with a median $-1,301 of monthly cash flow. Sold prices moved -0.2% 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 Shannondale cash-flowing listings

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