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Market MapWest VirginiaMercer

Mercer County

West VirginiaPopulation: 59,530
60
/100
Buy
#262 of 1,000 counties
#30 in West Virginia (55 counties)

Market Snapshot

$140,541
Median Home Price
51% below national median
$868/mo
Median Rent
44% below national median
7.41%
Rent-to-Price Ratio
Top 16% nationally
-$173
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Quick Investment Calculator

20%
5%50%100%

Purchase

Purchase Price$140,541
Down Payment (20%)$28,108
Loan Amount$112,433
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$868
Monthly P&I-$737
Est. Expenses (35%)-$304
Net Cash Flow-$173/mo
4.8%
Cap Rate (all cash)
-6.4%
Cash-on-Cash Return
7.41%
Rent-to-Price Ratio
Negative leverage: At 6.85% rates, borrowing costs exceed the 4.8% 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 AnalysisTry House Hack Strategy

Score Breakdown

Overall Investment Score
60/100
60
Cash Flow(30%)
74/100

Based on 7.41% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
35/100

Based on -2.9% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Population data not available.

Affordability(20%)
85/100

Price-to-income ratio of 3.0x. 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 (7.41%)
  • +Affordable relative to local incomes
  • +Complete rent data available

Challenges

  • -Declining home values (-2.9% YoY)
  • -Negative leverage (cap rate 4.8% < mortgage rate 6.9%)

Economic Indicators

Population
59,530
Median Income
$46,409
vs $65,157 national est.
Unemployment Rate
—
Data pending
Price-to-Income
3.0x
Moderately affordable

Compare to Nearby Counties

CountyVerdict
RaleighWV
61$153,527$9967.79%BuyView
PleasantsWV
61$157,853Est. pending—Buy
GilmerWV
61$118,730Est. pending—Buy
CurrentMercerWV
60$140,541$8687.41%Buy
HampshireWV
59$247,975Est. pending—Hold
MorganWV
59$291,771Est. pending—Hold

The Bottom Line

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

Mercer County in West Virginia scores 60/100, ranking #262 of 1,000 US counties (top 41%). The 7.41% rent-to-price ratio indicates moderate cash flow potential.

Monthly Cash Flow
$-173/mo
Cap Rate
4.8%
Cash-on-Cash
-6.4%

Ready to Analyze a Deal in Mercer?

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