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Nitro, WV Properties

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Find, analyze, and compare Nitro, WV investment properties, including off-market opportunities and residential homes with value-add potential. Nitro offers a diverse housing market with single-family homes, and vacant properties. Investors can explore potential investment opportunities for long-term rentals (LTRs) throughout West Virginia. Explore housing market trends in Nitro, where up-and-coming neighborhoods may offer potential for passive rental income and other investment strategies. Property Intel by Whitepages makes it easy to analyze market trends, uncover off-market properties, compare neighborhood benchmarks, and access owner contact information to help you find the best investment properties in Nitro, WV for your real estate goals.

In Nitro, the median property value currently stands at $123,657, reflecting a 31.48% year-over-year increase based on recent sales. The 5-year appreciation forecast estimates values reaching $205,023 (a 0.05% gain). The housing market includes a total of 4,674 houses.The median home in Nitro has 1,325 square feet of living space, priced at a median of $97 per square foot with a median year built of 1958. For long-term rental properties in Nitro, the median annual gross rental income is $19,200 (or $1,600/month) with estimated operating expenses of $3,545, resulting in an approximate gross cap rate of 11.9%.

Property Intel by Whitepages helps investors and homeowners explore the Nitro area by offering market analysis tools, neighborhood benchmarks, owner contact information, and interactive maps. These tools support research into investment properties, including foreclosure data and off-market listings in Nitro, WV.

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WVNitro

Housing Market Trends & Statistics for Nitro, West Virginia

Median Property Value
$123,657
Total number of Properties
4,674
Median Living Space
1,325 sq ft
Median Year Built
1958 (67 years)
5-Year Appreciation Forecast
$205,023
Median Lot Size
7,022 sq ft
Average Ownership
7 months
for Nitro, WV
  • Est. Rental Income
    $19,200 ($1,600 per month)
  • Net Operating Income
    $15,656 ($1,305 per month)
  • Cap Rate
    11.9%

Find Investment Properties in Nitro

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