1108 Green St · Fairmont, WV 26554

$59,900

3 bd · 1.0 ba · 1,290 sqft · SingleFamily public records · 136 Days on market

Built 1897 4,574 sqft lot

---

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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Livability +3.5/5.0
• Schools +3.1/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Perfect starter home or college rental only minutes to college campus/medical center. Large 20x8 front porch for relaxing. Fenced in back yard for the furry loved ones. Nice eat-in kitchen with a 10x7 pantry (currently used as extra bedroom). Upon entering, the large foyer welcomes you home. One level living rancher. Exposed brick in the living room and more. Being sold "AS IS".

Key facts

• Office space
• Large front porch
• Brand new roof

Tags

• ONE LEVEL LIVING
• OFFICE SPACE
• NEW DECK
• LARGE FRONT PORCH
• BRAND NEW ROOF

Property features AI

Exterior

• Parking: On-street parking
• Utilities: Public water; Public sewer
• Home design: Single family detached residence; 1 story
• Construction: Frame construction with vinyl siding
• Exterior features: Balcony; Deck; Porch; Chain link fencing (fenced); Shingle roof; Level to sloped lot

Interior

• Kitchen: Dishwasher; Refrigerator; Microwave; Range
• Flooring: Vinyl flooring; Wood flooring
• Bathrooms: 1 full bathroom
• Heating & cooling: Forced air heating (natural gas); Window cooling units
• Interior features: Dishwasher; Dryer; Refrigerator; Microwave; Range; Washer
• Laundry & utility: Washer; Dryer; Unfinished crawl space basement

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $60k.

Deal economics

• At list price, monthly cash flow is $541 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $60k).
• Recommended offer: $53k (12.0% below list) — sets the bar for market timing.
• Cap rate 17.1% vs local median 4.3% in Fairmont — 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 70/100 on livability (#64 in WV) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime D, amenities F, commute F.
• Marion County Schools (town): math 30% / reading 43% proficiency, ranked #11 of 55 in WV (top 20%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Jayenne Elementary School (math 47% / reading 47%, grade D-, #63 of 377 statewide, top 18%, 300 students, 0% FRL); West Fairmont Middle School (math 27% / reading 41%, grade F, #36 of 109 statewide, top 35%, 629 students, 0% FRL); East Fairmont High School (math 27% / reading 52%, grade F, #21 of 110 statewide, top 26%, 689 students, 0% FRL) — zoned schools average 0% FRL vs 46% district-wide (46 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: 151 active listings in the ZIP; 3 units permitted in Marion County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $414 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $17k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 136 days — a 12% lower offer ($53k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 3y ago; this cycle's ask has dropped $20k (25%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1897 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $52,712 (12.0% below list)

Questions for the listing agent

1. It's been on market 136 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 1897 — 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 B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
6. Crime grade is D 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?
7. 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.
8. 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.
9. 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: 1.95% ✓
• Cap rate: 17.13%
• Cash-on-cash: 38.69%
• DSCR: 2.72
• GRM: 4.3

CMA / ARV

• ARV (on-the-fly): $157,380
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
284 View Ave	0.04mi	3/2.0	1,380 (+7%)	0mo	$95,500	$69	82
500 MT Vernon Ave	0.35mi	3/1.0	1,118 (-13%)	2mo	$154,900	$139	60
1298 Hillside Dr	0.62mi	3/2.0	1,330 (+3%)	8mo	$130,000	$98	55
520 Mount Vernon Ave	0.39mi	3/1.5	1,424 (+10%)	9mo	$80,000	$56	55
720 Gaston Ave	0.68mi	2/2.0 (-1)	1,317 (+2%)	1mo	$145,000	$110	55
608 6th	0.47mi	3/1.0	1,434 (+11%)	6mo	$135,000	$94	54
208 Maple	0.68mi	3/1.0	1,170 (-9%)	6mo	$155,000	$132	48
20 Hillside	0.55mi	3/2.0	1,463 (+13%)	2mo	$100,000	$68	46
726 Benoni Ave	0.61mi	2/1.5 (-1)	1,430 (+11%)	2mo	$175,000	$122	45
1103 Sunset Dr	0.71mi	3/1.0	1,170 (-9%)	12mo	$195,000	$167	41
217 Chicago	0.67mi	3/2.5	1,430 (+11%)	13mo	$174,900	$122	34
1118 Ridgewood Rd	0.74mi	3/2.0	1,451 (+12%)	9mo	$350,000	$241	34

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: 34.8%
• Equity multiple: 2.47×
• Total profit: $24,734
• Equity at exit: $8,931

10-year hold

• IRR: 41.7%
• Equity multiple: 4.93×
• Total profit: $65,883
• Equity at exit: $5,179

Cash invested: $16,772 (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 26554

• Home prices YoY: -11.3%
• Active inventory: 151
• Price-to-rent: 4.3×

Monthly cashflow live

• Estimated rent: $1,170 medium
• Mortgage (P&I): −$314
• Tax from tax record: −$44 /mo · $532/yr
• Insurance: −$25
• HOA: −$0
• Vacancy / Maint / Mgmt: −$246
• Net cashflow: $541

Break-even live

Break-even rent $485

Max offer price $59,900

Occupancy floor 49%

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: $14,975
• Closing costs: $1,797
• Reserves months: —
• Total cash needed: —

Listing history 22 events

1. 2026-06-19
   days on market $59,900 Active 136 DOM
2. 2026-06-18
   days on market $59,900 Active 135 DOM
3. 2026-06-17
   days on market $59,900 Active 134 DOM
4. 2026-06-16
   days on market $59,900 Active 133 DOM
5. 2026-06-15
   price $59,900 Active 132 DOM
6. 2026-06-15
   days on market $69,000 Active 132 DOM
7. 2026-06-14
   days on market $69,000 Active 130 DOM
8. 2026-06-13
   days on market $69,000 Active 129 DOM
9. 2026-06-10
   days on market $69,000 Active 127 DOM
10. 2026-06-09
    days on market $69,000 Active 126 DOM
11. 2026-06-08
    days on market $69,000 Active 125 DOM
12. 2026-06-07
    days on market $69,000 Active 124 DOM
13. 2026-06-02
    days on market $69,000 Active 119 DOM
14. 2026-06-01
    days on market $69,000 Active 118 DOM
15. 2026-05-31
    days on market $69,000 Active 117 DOM
16. 2026-05-30
    days on market $69,000 Active 116 DOM
17. 2026-04-26
    price $69,000
18. 2026-02-13
    price $75,000
19. 2026-02-03
    listed $80,000 Active
20. 2024-04-09
    soldstatus $60,000
21. 2024-04-08
    soldstatus $60,000 391-char remark

    Show marketing remark (391 chars)

    Perfect starter home or college rental only minutes to college campus/medical center. Large 20x8 front porch for relaxing. Fenced in back yard for the furry loved ones. Nice eat-in kitchen with a 10x7 pantry (currently used as extra bedroom). Upon entering, the large foyer welcomes you home. One level living rancher. Exposed brick in the living room and more. Being sold "AS IS".

22. 2023-10-05
    listed $64,999 391-char remark

    Show marketing remark (391 chars)

    Perfect starter home or college rental only minutes to college campus/medical center. Large 20x8 front porch for relaxing. Fenced in back yard for the furry loved ones. Nice eat-in kitchen with a 10x7 pantry (currently used as extra bedroom). Upon entering, the large foyer welcomes you home. One level living rancher. Exposed brick in the living room and more. Being sold "AS IS".

ⓘ 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: $532 · $44/mo
• Projected year-2 tax: $532 · $44/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 4/10 Moderate 7 d/yr ≥99°F today · 19 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,038
• − Mortgage interest: −$3,355
• − Property taxes: −$532
• − Insurance: −$300
• − Repairs & maintenance: −$1,123
• − Management: −$1,123
• − Depreciation: −$1,743
• Taxable income: $5,863
• Est. tax owed @ 24.0%: −$1,407
• After-tax cash flow: $5,082/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: Marion County Schools
• NCES district ID: 5400720
• Math proficiency: 30% ▼ -14.00%
• Reading proficiency: 43% ▼ -8.00%
• Median HH income: $42,195
• Composite: 30.8/100
• National rank: #6145
• State rank: #11 of 55 in WV

Livability — Fairmont

• Score: 70/100
• State rank: #64
• US rank: #8054

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Fairmont, WV
• Population (ZIP): 42,116

Population outlook (Marion County) Hauer SSP2

• Today (2025): 56,923 people
• By 2030: 56,850 · -0.1%
• By 2040: 56,469 · -0.8%
• By 2050: 56,027 · -1.6%
• By 2075: 55,509 · -2.5%
• By 2100: 51,082 · -10.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (90%)
• Race & ethnicity: White 90% Two or more races 5% Black 3% Hispanic / Latino 2%
• Common ancestry: Romanian 3% Slovak 2% Iranian 2%
• Foreign-born: 1%
• Languages at home: 98% English-only · Spanish 1%

Political lean MEDSL · Marion

• 2024 margin: Solid R (+31.2) · D 33.2% · R 64.5% · Other 2.3%
• 2008→2024 swing: -31.7pp toward R · 2008: 0.5pp · 2024: -31.2pp
• All cycles: 2024: R+31.2 2020: R+28.7 2016: R+33.5 2012: R+14.4 2008: D+0.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -30.86%
• Current HPI: 240.9967
• Rent YoY: —
• Metro: —
• State GDP YoY: —
• F500 in state: 0

Price history

+6.2% since first listed

6 events — show timeline

• 2026-04-26 Price Changed $69,000 NCWVREIN
• 2026-02-13 Price Changed $75,000 NCWVREIN
• 2026-02-03 Listed $80,000 NCWVREIN
• 2024-04-09 Sold (Public Records) $60,000 Public Records
• 2024-04-08 Sold (MLS) $60,000 NCWVREIN
• 2023-10-05 Listed $64,999 NCWVREIN

Property tax history

+2.2%/yr

Latest (2025): $532 · +5.1% YoY. Source: county tax records.