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RE Intelligence

Rental numbers for ZIP 26447 (Walkersville, WV)

Negative cash flow at today's 7.78% investor rate with 25% down; the typical home breaks even at about 2.9%.

Rent here is HUD's Fair Market Rent for a 2-bedroom, because Zillow does not publish a rent index for this ZIP. It is the 40th percentile of gross rents, so market rent for a typical home is likely higher and the yield and cash flow below are conservative.
Gross yield
6.9%
rent x 12 / price
Est. cap rate
3.8%
NOI / price
Cash flow
-$341/mo
at 7.78%, 25% down
Typical price
$151,000
Zillow ZHVI, Aug 2026
HUD Fair Market Rent
$870/mo
HUD Fair Market Rent, 2 bedroom, FY2026

The pro forma

Typical home, default assumptions

Income and expenses, per year
OperatorLineAmountSource
Gross rent$10,440
Vacancy$522
Management$793
Property tax$507
Insurance$1,415
Maintenance$1,513
Net operating income$5,689
Loan payments$9,785
Cash flow-$4,095
Purchase and loan
OperatorLineAmountSource
Typical price$151,316
Down payment (25%)$37,829
Loan$113,487
Rate7.78%
Monthly payment$815
Cash in$42,368
Cash-on-cash return-9.7%
DSCR0.58
Break-even rate2.93%
Down payment25%
A common minimum for investment-property and DSCR loans.
Interest rate7.78%
Freddie Mac 30-year 7.03% (week of 2026-09-24) + 0.75 point investor premium.
Loan term30 years
Fixed, fully amortising.
Closing costs3% of price
Added to cash invested.
Insurance$1,415 a year
NAIC 2023 average homeowners (HO-3) premium for West Virginia, $1,179, x 1.2 for a landlord policy.
Maintenance1% of price a year
The 1% rule of thumb; older homes run higher.
Vacancy5% of rent
About 18 days empty a year.
Management8% of collected rent
A typical full-service fee; zero if you self-manage.

Trends

Five years to August 2026

Price, 12 months
-3.6%
Rent, 12 months
n/a
no Zillow rent series here
Rent minus price growth
n/a
positive means yields are improving
Typical value (Zillow ZHVI)Indexed to 100 at Aug 2021
9510010511011520222023202420252026
Show the numbers
MonthTypical value
Aug 2021$142,714
Aug 2022$158,122
Aug 2023$152,219
Aug 2024$160,251
Aug 2025$156,898
Aug 2026$151,316

Rent references

Two sources, never blended

SourceStudio1 bed2 bed3 bed4 bed
HUD Small Area FMR, FY2026$670$750$870$1,150$1,150
Zillow observed rent, Aug 2026not published for this ZIP

HUD's Fair Market Rent is the 40th percentile gross rent (rent plus utilities) for a standard unit, and it is what Section 8 vouchers pay against. Zillow's index tracks asking rents on listed homes. The two measure different things, so they are shown side by side and never averaged. HUD area: Braxton County, WV.

Property tax

Effective rate
0.34%
ZIP area, ACS
At the typical price
$507/yr

Median real estate taxes paid divided by median home value, Census ACS 2020 to 2024. Lewis County: 0.46%. Actual bills depend on the assessment, exemptions and any non-homestead rate.

Supply

Permits per 1,000 households
0.6
Lewis County, last 12 months
National percentile
13th
among US counties

4 new housing units permitted in 2025-09 to 2026-08, Census Building Permits Survey. A high figure means more new supply competing for tenants.

Nearby ZIP codes

ZIPDistanceTypical priceRentGross yieldCash flow /mo
26412Burnsville5.7 mi$124,000$900*8.7%-$156
26343Rock Cave7.5 mi$108,000$920*10.2%-$39
26372Weston7.7 mi$204,000$900*5.3%-$713
26631Flatwoods8.7 mi$141,000$920*7.8%-$246
26452Weston9.0 mi$110,000$880*9.6%-$73
26376Ireland9.4 mi$137,000$870*7.6%-$244
26335Burnsville12.0 mi$123,000$960*9.4%-$92
26218Rock Cave12.3 mi$136,000$960*8.5%-$181

* HUD Fair Market Rent, 2 bedroom (no Zillow rent index for that ZIP).

Every ZIP in Lewis CountyWest Virginia

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Open the calculator for 26447

Questions

Is 26447 good for rental property?
On the typical home here, priced at $151,000 and renting for $870 a month (HUD Fair Market Rent, 2 bedroom, FY2026), the gross yield is 6.9% and the estimated cap rate is 3.8%. At a 7.78% investor rate with 25% down, estimated cash flow is -$341 a month. The median gross yield across the 8,418 ZIP codes with full Zillow data is 5.6%. These are figures for a typical property, not a judgement on any particular one.
What is the typical rent in 26447?
Zillow does not publish a rent index for 26447. HUD's FY2026 Small Area Fair Market Rent for a 2-bedroom here is $870, the 40th percentile of gross rents and the basis for Section 8 payment standards.
What is the property tax rate in 26447?
The effective property tax rate is about 0.34% of value (median taxes paid divided by median home value, Census ACS 2020 to 2024). On the typical $151,000 home that is about $507 a year. Your bill depends on the assessment and local exemptions.
What interest rate makes a rental in 26447 break even?
About 2.93%. Below that rate, the typical home here cash-flows with 25% down and the default costs; above it, it does not. Today's investor rate used here is 7.78%.
How fast are prices and rents changing in 26447?
Over the 12 months to August 2026, the typical home value changed -3.6%.

Sources and method

Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.

Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.