310 Walnut Dr · Hurricane, WV 25526

$99,000

3 bd · 1.0 ba · 1,000 sqft · SingleFamily public records · 29 Days on market

Built 1971 0.64 ac lot Est $159k · 38% 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
• DSCR +10.0/10.0
• 1% rule +8.8/10.0
• Schools +3.9/10.0
• Livability +3.6/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

If you are searching for a great fixer-upper with a great yard ~ this home is for you~ 3 bedrooms ~ 1 full bath / 1 half bath ~ huge fenced yard ~ with some TLC this could be fabulous ~ schedule your showing today ~ home to be sold "as is" ~ cash or rehab loan ~ * * * * please don't open back door in the kitchen as it is difficult to secure

Key facts

• 0.64 acre lot
• Built 1971
• Listed 29 days

Tags

• OVERSIZED FENCED YARD

Property features AI

Exterior

• Parking: Parking pad
• Utilities: Public water; Public sewer
• Home design: Single-story ranch residence; Residential property
• Construction: Block and vinyl siding construction; Metal roof
• Exterior features: Porch; Fenced yard; Exterior storage

Interior

• Kitchen: Gas range; Refrigerator
• Bedrooms: 5 total rooms (includes bedrooms and other living spaces)
• Flooring: Laminate
• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Forced air heating; Central electric air conditioning
• Interior features: Eat-in kitchen; Insulated windows; Storage
• Laundry & utility: No basement

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $99k.

Deal economics

• At list price, monthly cash flow is $453 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $99k).
• Recommended offer: $98k (1.5% below list) — sets the bar for market timing.
• Cap rate 11.8% vs local median 4.0% in Hurricane — 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 72/100 on livability (#47 in WV) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F, health & safety F.
• Putnam County Schools (suburban): math 40% / reading 50% proficiency, ranked #2 of 55 in WV (top 4%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Hurricane Town Elementary (math 42% / reading 42%, grade F, #87 of 377 statewide, top 28%, 299 students, 0% FRL); Hurricane Middle (math 44% / reading 50%, grade D+, #6 of 109 statewide, top 6%, 849 students, 0% FRL); Hurricane High School (math 38% / reading 62%, grade D+, #6 of 110 statewide, top 5%, 1,256 students, 0% FRL) — zoned schools average 0% FRL vs 33% district-wide (33 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: 119 active listings in the ZIP; solid renter incomes; 111 units permitted in Putnam County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $684 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $28k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 29 days — a 2% lower offer ($98k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 2y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $83k; 19% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• 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 $97,515 (1.5% below list)

Questions for the listing agent

1. Built in 1971 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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.
5. 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.
6. 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: 1.38% ✓
• Cap rate: 11.78%
• Cash-on-cash: 19.60%
• DSCR: 1.87
• GRM: 6.0

CMA / ARV

• ARV (on-the-fly): $159,000
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
179 Bryn Mawr Way	0.21mi	3/2.0	1,104 (+10%)	1mo	$175,000	$159	68

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: 11.6%
• Equity multiple: 1.46×
• Total profit: $12,775
• Equity at exit: $14,761

10-year hold

• IRR: 20.6%
• Equity multiple: 2.74×
• Total profit: $48,188
• Equity at exit: $8,560

Cash invested: $27,720 (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 25526

• Home prices YoY: -30.1%
• Active inventory: 119
• Price-to-rent: 6.0×

Monthly cashflow live

• Estimated rent: $1,364 medium
• Mortgage (P&I): −$519
• Tax from tax record: −$65 /mo · $778/yr
• Insurance: −$41
• HOA: −$0
• Vacancy / Maint / Mgmt: −$287
• Net cashflow: $453

Break-even live

Break-even rent $791

Max offer price $99,000

Occupancy floor 62%

Sensitivity live

Price	-10% $509	-5% $481	+0% $453	+5% $425	+10% $397
Rent	-10% $345	-5% $399	+0% $453	+5% $507	+10% $561
Rate	-1.0pp $503	-0.5pp $478	base $453	+0.5pp $427	+1.0pp $401

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: $24,750
• Closing costs: $2,970
• Reserves months: —
• Total cash needed: —

Listing history 9 events

1. 2026-05-04
   status Active
2. 2026-04-27
   status Pending
3. 2026-04-20
   listed $99,000 Active
4. 2025-01-24
   soldstatus $83,000
5. 2025-01-23
   soldstatus $83,000 Closed 358-char remark

   Show marketing remark (358 chars)

   If you are searching for a great fixer-upper with a great yard ~ this home is for you~ 3 bedrooms ~ 1 full bath / 1 half bath ~ huge fenced yard ~ with some TLC this could be fabulous ~ schedule your showing today ~ home to be sold "as is" ~ cash or rehab loan ~ * * * * please don't open back door in the kitchen as it is difficult to secure

6. 2025-01-14
   status Pending 358-char remark

   Show marketing remark (358 chars)

   If you are searching for a great fixer-upper with a great yard ~ this home is for you~ 3 bedrooms ~ 1 full bath / 1 half bath ~ huge fenced yard ~ with some TLC this could be fabulous ~ schedule your showing today ~ home to be sold "as is" ~ cash or rehab loan ~ * * * * please don't open back door in the kitchen as it is difficult to secure

7. 2025-01-08
   status Active 358-char remark

   Show marketing remark (358 chars)

   If you are searching for a great fixer-upper with a great yard ~ this home is for you~ 3 bedrooms ~ 1 full bath / 1 half bath ~ huge fenced yard ~ with some TLC this could be fabulous ~ schedule your showing today ~ home to be sold "as is" ~ cash or rehab loan ~ * * * * please don't open back door in the kitchen as it is difficult to secure

8. 2024-12-05
   status Pending 358-char remark

   Show marketing remark (358 chars)

   If you are searching for a great fixer-upper with a great yard ~ this home is for you~ 3 bedrooms ~ 1 full bath / 1 half bath ~ huge fenced yard ~ with some TLC this could be fabulous ~ schedule your showing today ~ home to be sold "as is" ~ cash or rehab loan ~ * * * * please don't open back door in the kitchen as it is difficult to secure

9. 2024-11-26
   listed $89,000 Active 358-char remark

   Show marketing remark (358 chars)

   If you are searching for a great fixer-upper with a great yard ~ this home is for you~ 3 bedrooms ~ 1 full bath / 1 half bath ~ huge fenced yard ~ with some TLC this could be fabulous ~ schedule your showing today ~ home to be sold "as is" ~ cash or rehab loan ~ * * * * please don't open back door in the kitchen as it is difficult to secure

ⓘ 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: $778 · $65/mo
• Projected year-2 tax: $778 · $65/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 4/10 Moderate
• 🌡 Heat 5/10 Major 7 d/yr ≥101°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

Taxation est. · year 1

• Rental income: $16,374
• − Mortgage interest: −$5,546
• − Property taxes: −$778
• − Insurance: −$495
• − Repairs & maintenance: −$1,310
• − Management: −$1,310
• − Depreciation: −$2,880
• Taxable income: $4,056
• Est. tax owed @ 24.0%: −$973
• After-tax cash flow: $4,459/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: Putnam County Schools
• NCES district ID: 5401200
• Math proficiency: 40% ▼ -13.00%
• Reading proficiency: 50% ▼ -6.00%
• Median HH income: $54,783
• Composite: 39.06/100
• National rank: #4060
• State rank: #2 of 55 in WV

Livability — Hurricane

• Score: 72/100
• State rank: #47
• US rank: #5846

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Putnam County · 22,514 people
• City population: 22,514
• Metro: Huntington-Ashland, WV-KY-OH
• Population (ZIP): 22,514
• Household income: $85,176
• Rent vs Own: 19.6% rent · 80.4% own
• Severe rent burden: 205.0

Population outlook (Putnam County) Hauer SSP2

• Today (2025): 58,915 people
• By 2030: 59,400 · +0.8%
• By 2040: 59,444 · +0.9%
• By 2050: 58,510 · -0.7%
• By 2075: 54,603 · -7.3%
• By 2100: 46,202 · -21.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (94%)
• Race & ethnicity: White 94% Two or more races 3% Hispanic / Latino 2% Asian 1%
• Common ancestry: Slovak 3% Italian 1% Serbian 1%
• Foreign-born: 2% · Canada
• Languages at home: 98% English-only · Spanish 1% Other Asian/Pacific 0%

Political lean MEDSL · Putnam

• 2024 margin: Solid R (+46.3) · D 25.9% · R 72.2% · Other 1.9%
• 2008→2024 swing: -22.8pp toward R · 2008: -23.5pp · 2024: -46.3pp
• All cycles: 2024: R+46.3 2020: R+42.6 2016: R+47.8 2012: R+37.1 2008: R+23.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -68.01%
• Current HPI: 157.7355
• Rent YoY: —
• Metro: Huntington-Ashland, WV-KY-OH
• State GDP YoY: —
• F500 in state: 0

Price history

+11.2% since first listed

9 events — show timeline

• 2026-05-04 Relisted — KVBOR
• 2026-04-27 Pending — KVBOR
• 2026-04-20 Listed $99,000 KVBOR
• 2025-01-24 Sold (Public Records) $83,000 Public Records
• 2025-01-23 Sold (MLS) $83,000 KVBOR
• 2025-01-14 Pending — KVBOR
• 2025-01-08 Relisted — KVBOR
• 2024-12-05 Pending — KVBOR
• 2024-11-26 Listed $89,000 KVBOR

Property tax history

+7.7%/yr

Latest (2025): $778 · +21.7% YoY. Source: county tax records.