180 Third Ave · Durbin, WV 26264

$139,900

3 bd · 2.0 ba · 1,512 sqft · SingleFamily · 13 Days on market

Built 2002 Fair condition

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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 +11.0/30.0
• ARV discount +7.5/15.0
• Appreciation +5.0/10.0
• Livability +3.4/5.0
• 1% rule +3.2/10.0
• DSCR +3.2/10.0
• Schools +2.9/10.0
• Rent growth +2.5/5.0
• Condition / age +2.2/5.0

Listing remarks

3b 2b home on 3/4 level acre in heart of Durbin. Town water & Sewer. Hop aboard the Durbin rocket for scenic train rides, play, hike and fish on the West Fork of the Greenbrier River & West Fork Trail.

Key facts

• 3/4 level acre
• Town sewer
• West fork trail

Tags

• 3/4 LEVEL ACRE
• TOWN WATER
• TOWN SEWER
• WEST FORK TRAIL

Property features AI

Finance

• HOA & community: Community offers fishing

Exterior

• Home design: Ranch-style residential property
• Construction: Block foundation; Built on 1,512 finished square feet
• Exterior features: Metal roof

Interior

• Flooring: Hardwood; Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Heat pump heating; Central air conditioning
• Interior features: Hardwood and vinyl flooring; Total of 5 rooms

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $140k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $-58 ($-693/yr) — negative.
• To cash-flow at today's rent, offer at most $132k (6.0% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $115k (17.7% below list).
• Recommended offer: $115k (17.7% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 68/100 on livability (#78 in WV) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: commute D+, amenities F, employment F.
• Pocahontas County Schools (rural): math 31% / reading 39% proficiency, ranked #19 of 55 in WV (top 34%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Green Bank Elementary-Middle School (math 27% / reading 32%, grade F, #225 of 377 statewide, top 68%, 204 students, 0% FRL); Marlinton Middle School (math 27% / reading 42%, grade F, #34 of 109 statewide, top 31%, 133 students, 0% FRL); Pocahontas County High School (math 22% / reading 42%, grade F, #55 of 110 statewide, top 59%, 278 students, 0% FRL) — zoned schools average 0% FRL vs 53% district-wide (53 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: 4 active listings in the ZIP; 2 units permitted in Pocahontas County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $5k of equity ($967 loan paydown + $4k appreciation (3.0% local appreciation)).
• Pocahontas County population projected at -18% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (3.0% appreciation + 3.0% rent growth), your $39k cash investment doubles in ~7 years — after that, you're playing with house money.
• By year 7, paydown + projected appreciation supports a ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 13 days on market — expect competitive offers; lowballing is unlikely to land.

Recommended offer $115,077 (17.7% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
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: 0.82% ✗
• Cap rate: 5.80%
• Cash-on-cash: -1.77%
• DSCR: 0.92
• GRM: 10.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: 5.9%
• Equity multiple: 1.34×
• Total profit: $13,195
• Equity at exit: $62,905

10-year hold

• IRR: 8.8%
• Equity multiple: 2.33×
• Total profit: $52,169
• Equity at exit: $96,944

Cash invested: $39,172 (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 26264

• Active inventory: 4
• Price-to-rent: 10.1×

Monthly cashflow live

• Estimated rent: $1,151 medium
• Mortgage (P&I): −$734
• Tax est. 1.5%: −$175 /mo · $2,098/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$242
• Net cashflow: $-58

Break-even live

Break-even rent $1,224

Max offer price $131,549

Occupancy floor —

Sensitivity live

Price	-10% $39	-5% $-9	+0% $-58	+5% $-106	+10% $-154
Rent	-10% $-149	-5% $-103	+0% $-58	+5% $-12	+10% $33
Rate	-1.0pp $13	-0.5pp $-22	base $-58	+0.5pp $-94	+1.0pp $-131

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: $34,975
• Closing costs: $4,197
• Reserves months: —
• Total cash needed: —

Listing history 11 events

1. 2026-06-21
   days on market $139,900 Active 13 DOM
2. 2026-06-21
   days on market $139,900 Active 12 DOM
3. 2026-06-18
   days on market $139,900 Active 10 DOM
4. 2026-06-17
   days on market $139,900 Active 9 DOM
5. 2026-06-16
   days on market $139,900 Active 8 DOM
6. 2026-06-15
   days on market $139,900 Active 7 DOM
7. 2026-06-15
   days on market $139,900 Active 6 DOM
8. 2026-06-13
   days on market $139,900 Active 5 DOM
9. 2026-06-12
   days on market $139,900 Active 4 DOM
10. 2026-06-09
    remarks 205-char remark
11. 2026-06-09
    listed $139,900 Active 1 DOM

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 2/10 Low 9 d/yr ≥87°F today · 25 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,809
• − Mortgage interest: −$7,837
• − Property taxes: −$2,098
• − Insurance: −$700
• − Repairs & maintenance: −$1,105
• − Management: −$1,105
• − Depreciation: −$4,070
• Taxable loss: −$3,105
• Est. tax savings @ 24.0%: +$745
• After-tax cash flow: $53/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.

Condition & rehab AI · 13 photos

Fair 45/100 Moderate rehab

The property requires moderate repairs and maintenance, including painting, landscaping, and HVAC maintenance. These updates will significantly improve its resale and rental value.

Repairs flagged

• Major Paint — Paint is faded and peeling on exterior and interior walls.
• Major Landscaping — Landscaping is overgrown and needs trimming.
• Moderate Exterior siding — Siding shows signs of wear and needs repainting or replacement.
• Moderate Interior paint — Paint is faded and peeling on interior walls and ceilings.
• Minor Landscaping — Some overgrown areas need trimming and shrubs need pruning.

Value-add opportunities

• Both Paint and refresh exterior and interior walls — Fresh paint will improve curb appeal and interior aesthetics.
• Both Landscaping and shrubbery maintenance — A well-maintained landscape enhances curb appeal and property value.
• Rental HVAC maintenance — A functional HVAC system ensures comfort and reduces energy costs.

Renovation cost estimate screening

Repair item	Severity	Est. cost
Paint · Paint is faded and peeling on exterior and interior walls.	Major	$15,000–50,000
Landscaping · Landscaping is overgrown and needs trimming.	Major	$15,000–50,000
Exterior siding · Siding shows signs of wear and needs repainting or replacement.	Moderate	$3,000–15,000
Interior paint · Paint is faded and peeling on interior walls and ceilings.	Moderate	$3,000–15,000
Landscaping · Some overgrown areas need trimming and shrubs need pruning.	Minor	$500–3,000
Total estimated repair cost · 5 items		$36,500–133,000

Value-add ROI direction

• Both Paint and refresh exterior and interior walls — Fresh paint will improve curb appeal and interior aesthetics. ↑
• Both Landscaping and shrubbery maintenance — A well-maintained landscape enhances curb appeal and property value. ↑
• Rental HVAC maintenance — A functional HVAC system ensures comfort and reduces energy costs. ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Pocahontas County Schools
• NCES district ID: 5401140
• Math proficiency: 31% ▼ -4.00%
• Reading proficiency: 39% ▼ -1.00%
• Median HH income: $35,035
• Composite: 28.89/100
• National rank: #6640
• State rank: #19 of 55 in WV

Livability — Durbin

• Score: 68/100
• State rank: #78
• US rank: #9204

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Durbin, WV
• Population (ZIP): 664

Population outlook (Pocahontas County) Hauer SSP2

• Today (2025): 8,115 people
• By 2030: 7,797 · -3.9%
• By 2040: 7,149 · -11.9%
• By 2050: 6,639 · -18.2%
• By 2075: 6,002 · -26.0%
• By 2100: 5,379 · -33.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (88%)
• Race & ethnicity: White 88% Two or more races 10% Hispanic / Latino 2% Native American 2%
• Common ancestry: Italian 14% Iranian 3% Lithuanian 1%

Political lean MEDSL · Pocahontas

• 2024 margin: Solid R (+50.3) · D 23.8% · R 74.1% · Other 2.2%
• 2008→2024 swing: -37.6pp toward R · 2008: -12.7pp · 2024: -50.3pp
• All cycles: 2024: R+50.3 2020: R+46.1 2016: R+42.8 2012: R+24.5 2008: R+12.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: —
• Current HPI: —
• Rent YoY: —
• Metro: —
• State GDP YoY: —
• F500 in state: 0

Price history

1 event — show timeline

• 2026-06-08 Listed $139,900 GVBOR