330 Elaine Ct · Huntington, WV 25703

$14,900

2 bd · 1.0 ba · 1,092 sqft · SingleFamily public records · 306 Days on market

Built 1900 2,614 sqft lot

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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 +15.0/30.0
• ARV discount +7.5/15.0
• Appreciation +7.5/10.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Livability +4.0/5.0
• Schools +3.0/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks

Looking for a good project?! Check out this two bedroom home that is in need of some work. This home is located just off of third avenue and a short driving distance to Marshall and downtown. The first floor has a living area, dining area and kitchen. The two bedrooms and bathroom are located on the second floor. If you have been looking for a fall or winter project then look no further!

Key facts

• 2,614 sq ft lot
• Built 1900
• Listed 305 days

Property features AI

Exterior

• Parking: On-street parking
• Home design: Single-family residence; Residential property; One-story
• Construction: Vinyl siding; Shingle roof; Built as single family (year not provided)
• Exterior features: Level lot; Porch

Interior

• Bathrooms: 1 full bathroom
• Interior features: Porch

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $15k.

Deal economics

• At list price, monthly cash flow is $699 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $15k).
• Recommended offer: $13k (12.0% below list) — sets the bar for market timing.
• Cap rate 62.6% 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: 15 active listings in the ZIP; 2 comparable units currently listed for rent nearby; lower-income renter base — watch delinquency; 61 units permitted in Cabell County in 2024 (5 in 5+ unit buildings).
• At $1,015/mo this rent would consume 50% of the median local household income ($24k/yr) (locally 813% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• In year one you build about $835 of equity ($103 loan paydown + $732 appreciation (4.9% local appreciation)).
• At projected returns (4.9% appreciation + 3.0% rent growth), your $4k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 306 days — a 12% lower offer ($13k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $25k (63%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1900 — 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 $13,112 (12.0% below list)

Questions for the listing agent

1. It's been on market 306 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
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: 6.81% ✓
• Cap rate: 62.55%
• Cash-on-cash: 200.93%
• DSCR: 9.94
• GRM: 1.2

CMA / ARV

• ARV (on-the-fly): $102,648
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2530 Collis Ave	0.25mi	3/1.5 (+1)	1,176 (+8%)	4mo	$100,000	$85	65
403 Cabell Ct	0.07mi	3/1.0 (+1)	1,167 (+7%)	18mo	$34,500	$30	65
2626 4th Ave	0.37mi	2/1.0	1,108 (+2%)	22mo	$126,500	$114	62
351 Slater Ct	0.54mi	3/1.5 (+1)	1,133 (+4%)	2mo	$113,900	$101	60
2713 4th Ave	0.54mi	2/1.5	1,008 (-8%)	2mo	$35,300	$35	58
9 Kirk Pl	0.07mi	3/1.0 (+1)	1,248 (+14%)	14mo	$25,000	$20	56
916 23rd St	0.58mi	3/2.0 (+1)	1,143 (+5%)	0mo	$106,900	$94	56
53 26th St	0.41mi	3/1.5 (+1)	1,188 (+9%)	6mo	$194,900	$164	54
2641 Chesterfield Ave	0.55mi	3/1.5 (+1)	1,063 (-3%)	14mo	$100,000	$94	51
2712 4th Ave	0.53mi	3/1.5 (+1)	1,139 (+4%)	15mo	$144,000	$126	48
2204 9th Ave	0.56mi	2/1.0	1,218 (+12%)	11mo	$101,000	$83	46
1743 Buffington Ave	0.73mi	3/1.0 (+1)	1,008 (-8%)	3mo	$32,500	$32	45

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

Projected returns pro-forma

4.91% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 12.47×
• Total profit: $47,864
• Equity at exit: $8,362

10-year hold

• IRR: —
• Equity multiple: 26.48×
• Total profit: $106,297
• Equity at exit: $14,364

Cash invested: $4,172 (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 25703

• Home prices YoY: 3.0%
• Active inventory: 15
• Price-to-rent: 1.2×

Monthly cashflow live

• Estimated rent: $1,015 medium
• Mortgage (P&I): −$78
• Tax est. 1.5%: −$19 /mo · $224/yr
• Insurance: −$6
• HOA: −$0
• Vacancy / Maint / Mgmt: −$213
• Net cashflow: $699

Break-even live

Break-even rent $130

Max offer price $14,900

Occupancy floor 26%

Sensitivity live

Price	-10% $709	-5% $704	+0% $699	+5% $693	+10% $688
Rent	-10% $618	-5% $658	+0% $699	+5% $739	+10% $779
Rate	-1.0pp $706	-0.5pp $702	base $699	+0.5pp $695	+1.0pp $691

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: $3,725
• Closing costs: $447
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2489 1st Ave Unit 101 A Huntington, WV	1.0	1.0	750	$925	$1.23	44d	1	0.27mi
1739 6th Ave Huntington, WV	1.0–2.0	1.0	825	$925	$1.12	44d	1	0.71mi

Listing history 24 events

1. 2026-06-19
   days on market $14,900 Active 306 DOM
2. 2026-06-18
   days on market $14,900 Active 305 DOM
3. 2026-06-17
   days on market $14,900 Active 304 DOM
4. 2026-06-16
   days on market $14,900 Active 303 DOM
5. 2026-06-15
   days on market $14,900 Active 302 DOM
6. 2026-06-14
   days on market $14,900 Active 300 DOM
7. 2026-06-12
   days on market $14,900 Active 299 DOM
8. 2026-06-09
   days on market $14,900 Active 296 DOM
9. 2026-06-08
   days on market $14,900 Active 295 DOM
10. 2026-06-07
    days on market $14,900 Active 294 DOM
11. 2026-06-05
    days on market $14,900 Active 291 DOM
12. 2026-06-03
    days on market $14,900 Active 290 DOM
13. 2026-06-02
    days on market $14,900 Active 289 DOM
14. 2026-06-01
    days on market $14,900 Active 288 DOM
15. 2026-05-31
    days on market $14,900 Active 287 DOM
16. 2026-05-30
    days on market $14,900 Active 286 DOM
17. 2026-05-21
    price $14,900
18. 2026-04-27
    price $19,900
19. 2026-03-09
    price $24,900
20. 2026-01-06
    status Active
21. 2026-01-01
    historical
22. 2025-12-16
    price $29,900
23. 2025-09-30
    price $34,900
24. 2025-08-11
    listed $39,900 Active

ⓘ 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 4/10 Moderate FEMA zone X · 22% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 5/10 Major 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 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $12,175
• − Mortgage interest: −$835
• − Property taxes: −$224
• − Insurance: −$74
• − Repairs & maintenance: −$974
• − Management: −$974
• − Depreciation: −$433
• Taxable income: $8,661
• Est. tax owed @ 24.0%: −$2,079
• After-tax cash flow: $6,304/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): 4,598
• Household income: $24,139
• Rent vs Own: 83.4% rent · 16.6% own
• Severe rent burden: 813.0

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 9% Two or more races 6% Asian 2% Hispanic / Latino 1%
• Common ancestry: Slovak 3% Romanian 1% Lithuanian 1%
• Foreign-born: 2% · Philippines, Canada, China
• Languages at home: 98% English-only · Spanish 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: ▲ 4.91%
• Current HPI: 166.7429
• Rent YoY: —
• Metro: Huntington-Ashland, WV-KY-OH
• State GDP YoY: —
• F500 in state: 0

Price history

-62.7% since first listed

8 events — show timeline

• 2026-05-21 Price Changed $14,900 HBRMLS
• 2026-04-27 Price Changed $19,900 HBRMLS
• 2026-03-09 Price Changed $24,900 HBRMLS
• 2026-01-06 Relisted — HBRMLS
• 2026-01-01 Delisted — HBRMLS
• 2025-12-16 Price Changed $29,900 HBRMLS
• 2025-09-30 Price Changed $34,900 HBRMLS
• 2025-08-11 Listed $39,900 HBRMLS

Property tax history

+0.3%/yr

Latest (2025): $745 · +11.1% YoY. Source: county tax records.