1612 West Rd · Huntington, WV
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 3/10 · Minor
- Est. fire insurance / yr
- $787 – $1,461
Heat risk 4/10 · Minor
- Hot days now (above 102°F)
- 7 days/yr
- Hot days in 30 yrs
- 19 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- 1.0%
Air-quality risk 1/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 0 days/yr
Risk factors via First Street. Map © Google.
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
🖨 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
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.
Questions for the listing agent
- 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?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- 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
- IRR
- —
- Equity multiple
- 19.71×
- Total profit
- $51,337
- Equity at exit
- $1,461
- 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
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
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
| Address | Beds | Baths | Sqft | Rent | $/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
-
2026-06-03status $9,800 Pending 140 DOM
-
2026-06-02days on market $9,800 Active 140 DOM
-
2026-06-01days on market $9,800 Active 139 DOM
-
2026-05-31days on market $9,800 Active 138 DOM
-
2026-05-30days on market $9,800 Active 137 DOM
-
2026-03-14price $9,800
-
2026-03-06price $12,500
-
2026-01-13$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
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
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
- 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
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
- 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 listed3 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%/yrLatest (2025): $190 · +11.8% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…