118 Wall · Weirton, WV 26062

$45,000

3 bd · 1.0 ba · 805 sqft · SingleFamily public records · 319 Days on market

Built 1940 9,600 sqft lot Est $66k · 32% under

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Why this score? — see what drove the B+ 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 +30.0/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +3.5/5.0
• Schools +3.4/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Turnkey investment opportunity or perfect first home! This charming 3-bedroom, 1-bath residence is move-in ready and full of potential. Features include front and rear covered porches and a first floor walk-in-closet. Nestled in a convenient location just minutes from local schools and shopping, it offers both comfort and accessibility. Whether you’re looking to grow your rental portfolio or take that exciting first step into homeownership, this property is a smart choice. Don’t miss your chance—schedule your showing today!

Key facts

• 9,600 sq ft lot
• Built 1940
• Listed 318 days

Tags

• FRONT AND REAR COVERED PORCHES
• FIRST FLOOR WALK-IN-CLOSET
• MINUTES FROM LOCAL SCHOOLS
• MINUTES FROM SHOPPING

Property features AI

Exterior

• Parking: No garage
• Utilities: Public water; Public sewer
• Home design: Two-story house; Shingle roof; Vinyl siding; Block foundation
• Construction: Built per assessor records; Vinyl-sided construction
• Exterior features: Front porch; Covered rear porch

Interior

• Kitchen: Eat-in kitchen
• Bedrooms: One main-level bedroom; Additional bedroom on the second floor
• Flooring: Laminate flooring in living room and eat-in kitchen; Wood flooring in second-floor bedroom
• Bathrooms: One full bathroom (main level)
• Heating & cooling: Forced air gas heating; Window air conditioning units
• Interior features: Full walk-out basement

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $45k.

Deal economics

• At list price, monthly cash flow is $485 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($983 rent vs $45k).
• Recommended offer: $40k (12.0% below list) — sets the bar for market timing.
• Cap rate 19.2% vs local median 4.3% in Weirton — 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 69/100 on livability (#70 in WV) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: commute C-, schools D+, employment D.
• Hancock County Schools (urban): math 37% / reading 43% proficiency, ranked #7 of 55 in WV (top 13%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 79 active listings in the ZIP; 15 units permitted in Hancock County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $311 of loan paydown is wiped out by about $1k of value loss. Plan a longer hold.
• Hancock County population projected at -15% 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 $13k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 319 days — a 12% lower offer ($40k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: built in 1940 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $39,600 (12.0% below list)

Questions for the listing agent

1. It's been on market 319 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 1940 — 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. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
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: 2.18% ✓
• Cap rate: 19.22%
• Cash-on-cash: 46.17%
• DSCR: 3.05
• GRM: 3.8

CMA / ARV

• ARV (on-the-fly): $66,010
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
182 Wall St	0.13mi	2/1.0 (-1)	832 (+3%)	4mo	$67,900	$82	80

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: 43.4%
• Equity multiple: 2.87×
• Total profit: $23,589
• Equity at exit: $6,710

10-year hold

• IRR: 49.4%
• Equity multiple: 5.79×
• Total profit: $60,314
• Equity at exit: $3,891

Cash invested: $12,600 (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 26062

• Home prices YoY: -16.5%
• Active inventory: 79
• Price-to-rent: 3.8×

Monthly cashflow live

• Estimated rent: $983 medium
• Mortgage (P&I): −$236
• Tax from tax record: −$37 /mo · $444/yr
• Insurance: −$19
• HOA: −$0
• Vacancy / Maint / Mgmt: −$206
• Net cashflow: $485

Break-even live

Break-even rent $369

Max offer price $45,000

Occupancy floor 46%

Sensitivity live

Price	-10% $510	-5% $498	+0% $485	+5% $472	+10% $459
Rent	-10% $407	-5% $446	+0% $485	+5% $524	+10% $562
Rate	-1.0pp $507	-0.5pp $496	base $485	+0.5pp $473	+1.0pp $461

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: $11,250
• Closing costs: $1,350
• Reserves months: —
• Total cash needed: —

Listing history 17 events

1. 2026-06-19
   days on market $45,000 Active 319 DOM
2. 2026-06-18
   days on market $45,000 Active 318 DOM
3. 2026-06-17
   days on market $45,000 Active 317 DOM
4. 2026-06-16
   days on market $45,000 Active 316 DOM
5. 2026-06-15
   days on market $45,000 Active 315 DOM
6. 2026-06-14
   days on market $45,000 Active 313 DOM
7. 2026-06-12
   days on market $45,000 Active 312 DOM
8. 2026-06-09
   days on market $45,000 Active 309 DOM
9. 2026-06-08
   days on market $45,000 Active 308 DOM
10. 2026-06-07
    days on market $45,000 Active 307 DOM
11. 2026-06-07
    days on market $45,000 Active 306 DOM
12. 2026-06-04
    days on market $45,000 Active 303 DOM
13. 2026-06-02
    days on market $45,000 Active 302 DOM
14. 2026-06-01
    days on market $45,000 Active 301 DOM
15. 2026-05-31
    days on market $45,000 Active 300 DOM
16. 2026-05-31
    days on market $45,000 Active 299 DOM
17. 2025-08-04
    listed $45,000 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: $444 · $37/mo
• Projected year-2 tax: $444 · $37/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 3/10 Moderate 7 d/yr ≥97°F today · 17 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $11,796
• − Mortgage interest: −$2,521
• − Property taxes: −$444
• − Insurance: −$225
• − Repairs & maintenance: −$944
• − Management: −$944
• − Depreciation: −$1,309
• Taxable income: $5,410
• Est. tax owed @ 24.0%: −$1,298
• After-tax cash flow: $4,520/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: Hancock County Schools
• NCES district ID: 5400450
• Math proficiency: 37% ▼ -11.00%
• Reading proficiency: 43% ▼ -5.00%
• Median HH income: $39,803
• Composite: 33.5/100
• National rank: #5445
• State rank: #7 of 55 in WV

Livability — Weirton

• Score: 69/100
• State rank: #70
• US rank: #8638

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Weirton, WV
• City population: 20,721
• Population (ZIP): 20,721

Population outlook (Hancock County) Hauer SSP2

• Today (2025): 28,704 people
• By 2030: 27,913 · -2.8%
• By 2040: 26,078 · -9.1%
• By 2050: 24,521 · -14.6%
• By 2075: 21,630 · -24.6%
• By 2100: 17,867 · -37.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (90%)
• Race & ethnicity: White 90% Two or more races 4% Black 3% Hispanic / Latino 2%
• Common ancestry: Romanian 7% Lithuanian 2% Serbian 2%
• Foreign-born: 2% · Vietnam, Canada
• Languages at home: 97% English-only · Other Indo-European 1% Spanish 1%

Political lean MEDSL · Hancock

• 2024 margin: Solid R (+46.8) · D 25.8% · R 72.6% · Other 1.6%
• 2008→2024 swing: -31.6pp toward R · 2008: -15.2pp · 2024: -46.8pp
• All cycles: 2024: R+46.8 2020: R+43.6 2016: R+44.5 2012: R+21.6 2008: R+15.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -41.66%
• Current HPI: 210.5239
• Rent YoY: —
• Metro: —
• State GDP YoY: —
• F500 in state: 0

Price history

1 event — show timeline

• 2025-08-04 Listed $45,000 MLSNOW

Property tax history

+3.1%/yr

Latest (2025): $444 · +8.2% YoY. Source: county tax records.