1917 Market St · Parkersburg, WV 26101

$105,000

3 bd · 1.0 ba · 1,308 sqft · SingleFamily public records · 29 Days on market

Built 1930 3,598 sqft lot Est $148k · 29% under

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Why this score? — see what drove the C+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +21.9/30.0
• ARV discount +15.0/15.0
• DSCR +7.0/10.0
• 1% rule +5.7/10.0
• Schools +3.6/10.0
• Livability +3.6/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

This 3 bedroom 1 bath home is located on a dead end street near Dudley school, hospital, restaurants and activities. Freshly painted. Great price!

Key facts

• Near hospital
• Near restaurants
• Dead end street

Tags

• DEAD END STREET
• NEAR DUDLEY SCHOOL
• NEAR HOSPITAL
• NEAR RESTAURANTS
• NEAR ACTIVITIES

Property features AI

Exterior

• Parking: Off-street parking
• Security: Smoke detectors
• Utilities: Public water; Public sewer
• Home design: 2-story; Frame construction; Metal roof
• Construction: Frame construction; Metal roof; Built year per assessor
• Exterior features: Front porch; Located on a dead-end street

Interior

• Kitchen: Range; Refrigerator
• Bathrooms: 1 full bathroom
• Heating & cooling: Central air conditioning; Forced air heating (gas)
• Interior features: Updated/remodeled condition; Basement (other)
• Laundry & utility: Laundry in basement

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $105k.

Deal economics

• At list price, monthly cash flow is $166 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $105k).
• Recommended offer: $103k (1.5% below list) — sets the bar for market timing.
• Cap rate 8.2% vs local median 5.6% in Parkersburg — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 72/100 on livability (#46 in WV) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime D+, schools F, commute F.
• Wood County Schools (urban): math 38% / reading 48% proficiency, ranked #3 of 55 in WV (top 6%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 148 active listings in the ZIP; 124 units permitted in Wood County in 2024 (33 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $726 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Wood County population projected at -13% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 29 days — a 2% lower offer ($103k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 3y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $85k; 24% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1930 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $103,425 (1.5% below list)

Questions for the listing agent

1. Built in 1930 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.07% ✓
• Cap rate: 8.19%
• Cash-on-cash: 6.78%
• DSCR: 1.30
• GRM: 7.8

CMA / ARV

• ARV (on-the-fly): $147,804
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1720 Spring St	0.21mi	3/1.0	1,352 (+3%)	10mo	$35,000	$26	77
607 Hillcrest Ter	0.62mi	3/1.0	1,309 (+0%)	2mo	$169,900	$130	70
1006 Jackson Ave	0.72mi	3/1.0	1,301 (-0%)	6mo	$134,900	$104	60
1007 25th St	0.28mi	3/1.0	1,150 (-12%)	9mo	$129,500	$113	59
1808 Covert St	0.20mi	3/1.5	1,500 (+15%)	6mo	$75,000	$50	59
730 29th St	0.62mi	3/1.5	1,324 (+1%)	10mo	$135,000	$102	58
1426 23rd St	0.56mi	3/1.5	1,400 (+7%)	4mo	$166,500	$119	57
1009 Bidwell St	0.25mi	3/1.0	1,117 (-15%)	9mo	$93,000	$83	56
1027 32nd St	0.52mi	3/1.5	1,452 (+11%)	0mo	$200,500	$138	55
1528 20th St	0.66mi	2/1.0 (-1)	1,241 (-5%)	11mo	$114,900	$93	47
2208 Oak St	0.59mi	3/2.0	1,442 (+10%)	9mo	$187,000	$130	43
1524 20th St	0.64mi	3/1.0	1,128 (-14%)	8mo	$144,000	$128	41

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -5.9%
• Equity multiple: 0.78×
• Total profit: $-6,422
• Equity at exit: $15,656

10-year hold

• IRR: 3.8%
• Equity multiple: 1.28×
• Total profit: $8,088
• Equity at exit: $9,078

Cash invested: $29,400 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 83 Strongly Landlord-Friendly
• State West Virginia: 83 Strongly Landlord-Friendly · R+22
• County: — inherits STATE
• City: — inherits STATE

Landlord-favorable; preempted; minimal protections.

Methodology + full state rankings →

ZIP-level market 26101

• Home prices YoY: -27.3%
• Active inventory: 148
• Price-to-rent: 7.8×

Monthly cashflow live

• Estimated rent: $1,124 medium
• Mortgage (P&I): −$551
• Tax from tax record: −$128 /mo · $1,531/yr
• Insurance: −$44
• HOA: −$0
• Vacancy / Maint / Mgmt: −$236
• Net cashflow: $166

Break-even live

Break-even rent $914

Max offer price $105,000

Occupancy floor 80%

Sensitivity live

Price	-10% $226	-5% $196	+0% $166	+5% $136	+10% $107
Rent	-10% $77	-5% $122	+0% $166	+5% $210	+10% $255
Rate	-1.0pp $219	-0.5pp $193	base $166	+0.5pp $139	+1.0pp $111

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $26,250
• Closing costs: $3,150
• Reserves months: —
• Total cash needed: —

Listing history 31 events

1. 2026-06-21
   days on market $105,000 Active 29 DOM
2. 2026-06-19
   days on market $105,000 Active 27 DOM
3. 2026-06-18
   days on market $105,000 Active 26 DOM
4. 2026-06-17
   days on market $105,000 Active 25 DOM
5. 2026-06-16
   days on market $105,000 Active 24 DOM
6. 2026-06-15
   days on market $105,000 Active 23 DOM
7. 2026-06-14
   days on market $105,000 Active 21 DOM
8. 2026-06-12
   days on market $105,000 Active 20 DOM
9. 2026-06-09
   days on market $105,000 Active 17 DOM
10. 2026-06-08
    days on market $105,000 Active 16 DOM
11. 2026-06-07
    days on market $105,000 Active 15 DOM
12. 2026-06-05
    days on market $105,000 Active 12 DOM
13. 2026-06-03
    days on market $105,000 Active 11 DOM
14. 2026-06-02
    days on market $105,000 Active 10 DOM
15. 2026-06-01
    days on market $105,000 Active 9 DOM
16. 2026-05-31
    days on market $105,000 Active 8 DOM
17. 2026-05-30
    days on market $105,000 Active 7 DOM
18. 2026-05-22
    listed $105,000 Active
19. 2026-04-17
    historical $1,295
20. 2026-04-10
    listed $1,295
21. 2024-06-21
    historical $1,000
22. 2024-05-22
    price $1,000
23. 2024-04-16
    listed $1,100
24. 2024-01-12
    historical $1,100
25. 2023-11-29
    price $1,100
26. 2023-11-23
    price $1,300
27. 2023-11-18
    price $1,100
28. 2023-10-21
    listed $1,300
29. 2023-09-27
    soldstatus $85,000
30. 2002-12-20
    soldstatus $20,000
31. 1997-10-31
    soldstatus $10,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast WV · Resets to sale price

• Current annual tax: $1,531 · $128/mo
• Projected year-2 tax: $1,531 · $128/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥101°F today · 19 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,489
• − Mortgage interest: −$5,882
• − Property taxes: −$1,531
• − Insurance: −$525
• − Repairs & maintenance: −$1,079
• − Management: −$1,079
• − Depreciation: −$3,055
• Taxable income: $339
• Est. tax owed @ 24.0%: −$81
• After-tax cash flow: $1,912/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Wood County Schools
• NCES district ID: 5401620
• Math proficiency: 38% ▼ -10.00%
• Reading proficiency: 48% ▼ -4.00%
• Median HH income: $42,363
• Composite: 36.22/100
• National rank: #4728
• State rank: #3 of 55 in WV

Livability — Parkersburg

• Score: 72/100
• State rank: #46
• US rank: #5841

Category grades

Amenities B- Commute F Cost of living A+ Crime D+ Employment F Housing A+ Health & safety A+ User ratings D-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Parkersburg, WV
• County: Wood County · 44,810 people
• City population: 44,810
• Metro: Parkersburg-Vienna, WV
• Population (ZIP): 28,005
• Household income: $48,710
• Rent vs Own: 31.8% rent · 68.2% own
• Severe rent burden: 723.0

Population outlook (Wood County) Hauer SSP2

• Today (2025): 84,304 people
• By 2030: 82,420 · -2.2%
• By 2040: 78,133 · -7.3%
• By 2050: 73,639 · -12.7%
• By 2075: 63,093 · -25.2%
• By 2100: 50,461 · -40.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (93%)
• Race & ethnicity: White 93% Two or more races 3% Hispanic / Latino 2% Black 1%
• Common ancestry: Serbian 2% Slovak 2% Lithuanian 1%
• Foreign-born: 1%

Political lean MEDSL · Wood

• 2024 margin: Solid R (+43.0) · D 27.6% · R 70.7% · Other 1.6%
• 2008→2024 swing: -14.4pp toward R · 2008: -28.7pp · 2024: -43.0pp
• All cycles: 2024: R+43.0 2020: R+42.0 2016: R+47.8 2012: R+32.5 2008: R+28.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -76.52%
• Current HPI: 203.4508
• Rent YoY: —
• Metro: Parkersburg-Vienna, WV
• State GDP YoY: —
• F500 in state: 0

Price history

+950.0% since first listed

14 events — show timeline

• 2026-05-22 Listed $105,000 MLSNOW
• 2026-04-17 Rental Removed $1,295 APPFOLIO
• 2026-04-10 Listed for Rent $1,295 APPFOLIO
• 2024-06-21 Rental Removed $1,000 APPFOLIO
• 2024-05-22 Price Changed $1,000 APPFOLIO
• 2024-04-16 Listed for Rent $1,100 APPFOLIO
• 2024-01-12 Rental Removed $1,100 APPFOLIO
• 2023-11-29 Price Changed $1,100 APPFOLIO
• 2023-11-23 Price Changed $1,300 APPFOLIO
• 2023-11-18 Price Changed $1,100 APPFOLIO
• 2023-10-21 Listed for Rent $1,300 APPFOLIO
• 2023-09-27 Sold (Public Records) $85,000 Public Records
• 2002-12-20 Sold (Public Records) $20,000 Public Records
• 1997-10-31 Sold (Public Records) $10,000 Public Records

Property tax history

+22.4%/yr

Latest (2025): $1,531 · +191.2% YoY. Source: county tax records.