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1612 West Rd
D- Composite 39.48
Why this score? — see what drove the D- 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 +15.0/30.0
  • 1% rule +5.0/10.0
  • DSCR +5.0/10.0
  • Rent growth +5.0/5.0
  • Livability +4.0/5.0
  • Schools +3.0/10.0
  • Condition / age +2.5/5.0
  • ARV discount +0.0/15.0
  • Appreciation +0.0/10.0

$9,800

1612 West Rd · Huntington, WV 25701
2 bd · 1.0 ba · 850 sqft · Manufactured · 140 Days on market
Built 1985 9,583 sqft lot Est $8k · 28% over ↓ 37% since listing

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

Doublewide manufactured home on a 50 x 192 lot. Will require a renovation or potential removal. Ideal for investors, or buyers looking for a tear-down or extensive rehab project. Could also be a replaced with a new manufactured home (subject to buyer verification of zoning). Property is being sold strictly as-is, where-is, with no warranties or repairs to be made by the seller.

Key facts

  • 9,583 sq ft lot
  • Built 1985
  • Listed 140 days

Property features AI

Exterior

  • Home design: Manufactured double-wide home; Residential property
  • Construction: Double wide manufactured construction
  • Exterior features: Rolling, level to sloped lot with wooded areas; Lot dimensions approximately 50 x 192 (about 0.22 acres)

Interior

  • Bathrooms: 1 full bathroom
  • Interior features: One full bathroom

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath manufactured listed at $10k.

Deal economics

  • At list price, monthly cash flow is $745 ($9k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $10k).
  • Recommended offer: $9k (12.0% below list) — sets the bar for market timing.
  • Cap rate 97.5% vs local median 6.5% in Huntington — 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 79/100 on livability (#16 in WV, #2,045 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, cost of living A+; Watch: schools C-, crime F, employment F.
  • Cabell County Schools (urban): math 31% / reading 42% proficiency, ranked #13 of 55 in WV (top 24%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: Rents rising fast (+10.6%/yr); 127 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 61 units permitted in Cabell County in 2024 (5 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $68 of loan paydown is wiped out by about $294 of value loss. Plan a longer hold.
  • At projected returns (-3.0% appreciation + 8.0% rent growth), your $3k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

  • It's been on market 140 days — a 12% lower offer ($9k) is reasonable based on typical stale-listing flexibility.
Recommended offer $8,624 (12.0% below list)

Questions for the listing agent

  1. It's been on market 140 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. Crime grade is F 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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  6. 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.
  7. 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.
  8. 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
10.54%
Cap rate
97.51%
Cash-on-cash
325.78%
DSCR
15.50
GRM
0.8

CMA / ARV

ARV (on-the-fly)
$7,650
Comps found
1
Show comp detail 1 sale within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
1612 West Rd 0.00mi 2/1.0 850 (0%) 0mo $7,500 $9 100

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 · 8.0% rent growth · sell at horizon

5-year hold
IRR
Equity multiple
19.71×
Total profit
$51,337
Equity at exit
$1,461
10-year hold
IRR
Equity multiple
48.64×
Total profit
$130,725
Equity at exit
$847

Cash invested: $2,744 (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.

ZIP-level market 25701

Home prices YoY
-8.7%
Rents YoY
10.6%
Active inventory
127
Price-to-rent
0.8×

Monthly cashflow live

Estimated rent
$1,033 medium interval (Pro) →
Mortgage (P&I)
$51
Tax from tax record
$16 /mo · $190/yr
Insurance
$4
HOA
$0
Vacancy / Maint / Mgmt
$217
Net cashflow
$745

Break-even live

Break-even rent $90
Max offer price $9,800
Occupancy floor 23%

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
$2,450
Closing costs
$294
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 1 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
2956 Auburn Rd Huntington, WV 1.0–2.0 1.0 767 $1,050 $1.37 44d 2 0.92mi

Listing history 8 events

  1. 2026-06-03
    status $9,800 Pending 140 DOM
  2. 2026-06-02
    days on market $9,800 Active 140 DOM
  3. 2026-06-01
    days on market $9,800 Active 139 DOM
  4. 2026-05-31
    days on market $9,800 Active 138 DOM
  5. 2026-05-30
    days on market $9,800 Active 137 DOM
  6. 2026-03-14
    price $9,800
  7. 2026-03-06
    price $12,500
  8. 2026-01-13
    listed $15,500 Active

ⓘ 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
$190 · $16/mo
Projected year-2 tax
$190 · $16/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 3/10 Moderate
  • 🌡 Heat 4/10 Moderate 7 d/yr ≥102°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

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$12,399
− Mortgage interest
−$549
− Property taxes
−$190
− Insurance
−$49
− Repairs & maintenance
−$992
− Management
−$992
− Depreciation
−$285
Taxable income
$9,342
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,242
After-tax cash flow
$6,697/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
Cabell County Schools
NCES district ID
5400180
Math proficiency
31% ▼ -7.00%
Reading proficiency
42% ▼ -6.00%
Median HH income
$36,426
Composite
30.26/100
National rank
#6285
State rank
#13 of 55 in WV

Livability — Huntington

Score
79/100
State rank
#16
US rank
#2045

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Huntington, WV
County
Cabell County · 30,893 people
City population
25,795
Metro
Huntington-Ashland, WV-KY-OH
Population (ZIP)
21,197
Household income
$56,292
Rent vs Own
41.2% rent · 58.8% own
Severe rent burden
1186.0

Population outlook (Cabell County) Hauer SSP2

Today (2025)
97,574 people
By 2030
98,060 · +0.5%
By 2040
98,817 · +1.3%
By 2050
100,185 · +2.7%
By 2075
105,895 · +8.5%
By 2100
105,948 · +8.6%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (82%)
Race & ethnicity
White 82% Black 8% Two or more races 6% Hispanic / Latino 2% Asian 2%
Common ancestry
Slovak 4% Italian 2% Serbian 2%
Foreign-born
2% · China
Languages at home
96% English-only · Spanish 2% Other Indo-European 1% Chinese 1%

Political lean MEDSL · Cabell

2024 margin
Strong R (+21.9) · D 38.0% · R 59.9% · Other 2.0%
2008→2024 swing
-11.8pp toward R · 2008: -10.1pp · 2024: -21.9pp
All cycles
2024: R+21.9 2020: R+18.0 2016: R+25.5 2012: R+13.9 2008: R+10.1

Not yet ingested

Civics

Market trends

HPI YoY
▼ -19.39%
Current HPI
202.9629
Rent YoY
▲ 10.58%
Metro
Huntington-Ashland, WV-KY-OH
State GDP YoY
F500 in state
0

Price history

-36.8% since first listed
3 events — show timeline
  • 2026-03-14 Price Changed $9,800 HBRMLS
  • 2026-03-06 Price Changed $12,500 HBRMLS
  • 2026-01-13 Listed $15,500 HBRMLS

Property tax history

-0.4%/yr

Latest (2025): $190 · +11.8% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…