1402 Fifth St · Moundsville, WV 26041

$115,900

3 bd · 1.0 ba · 1,536 sqft · SingleFamily public records · 10 Days on market

Built 1931 3,920 sqft lot Est $127k · 9% under ↓ 11% since listing

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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 +16.7/30.0
• ARV discount +11.6/15.0
• DSCR +5.2/10.0
• 1% rule +3.7/10.0
• Livability +3.3/5.0
• Schools +2.7/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Located on one of the most desirable streets in Moundsville--Cute, Cape Cod is waiting to find a new owner! Attractive living room w/ original hardwood through-out. Kitchen w/ lots of cabinets & appliances. Family room on first floor with gas insert fireplace that leads to fenced in back yard. Three bedrooms & bath complete the upstairs. Two car detached metal garage. Property being sold "AS IS". Current seller has NOT lived in house for years, acquired by will. Get ready to call this one "HOME"

Key facts

• 3,920 sq ft lot
• 2 garage spots
• Built 1931

Property features AI

Exterior

• Parking: Detached garage with garage door opener; 2 garage spaces; Concrete parking
• Security: Smoke detector(s)
• Utilities: Public water; Public sewer; Cable available
• Home design: Single-family residence (Cape Cod style); 1 story
• Construction: Vinyl siding; Shingle roof; Full basement
• Exterior features: Porch; Level lot

Interior

• Kitchen: Cooktop; Dishwasher; Disposal; Oven; Refrigerator
• Flooring: Carpet; Hardwood
• Bathrooms: 1 full bathroom
• Heating & cooling: Forced air heating (natural gas); Central air conditioning
• Interior features: Walk-in closet(s); Fireplace
• Laundry & utility: Washer; Dryer; Electric water heater

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $116k.

Deal economics

• At list price, monthly cash flow is $72 ($865/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $101k (12.8% below list).
• Recommended offer: $101k (12.8% below list) — sets the bar for 1% rule.
• Cap rate 7.0% vs local median 4.7% in Moundsville — 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 66/100 on livability (#105 in WV) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A-, health & safety A-; Watch: amenities F, commute F, employment F.
• Marshall County Schools (suburban): math 28% / reading 36% proficiency, ranked #21 of 55 in WV (top 38%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Mcninch Primary School (340 students, 0% FRL); Moundsville Middle School (math 16% / reading 27%, grade F, #97 of 109 statewide, top 91%, 409 students, 0% FRL); John Marshall High School (math 22% / reading 49%, grade F, #41 of 110 statewide, top 37%, 1,046 students, 0% FRL) — zoned schools average 0% FRL vs 42% district-wide (42 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: 78 active listings in the ZIP; 6 units permitted in Marshall County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $801 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Marshall County population projected at -19% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• Only 10 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts; this cycle's ask has dropped $14k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1931 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: moderate flood risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $101,034 (12.8% below list)

Questions for the listing agent

1. Built in 1931 — 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. 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?
5. 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.
6. 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.
7. 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: 0.87% ✗
• Cap rate: 7.04%
• Cash-on-cash: 2.67%
• DSCR: 1.12
• GRM: 9.6

CMA / ARV

• ARV (on-the-fly): $127,488
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1417 3rd St	0.12mi	2/1.5 (-1)	1,512 (-2%)	2mo	$125,000	$83	84
1705 Virginia St	0.24mi	3/1.5	1,521 (-1%)	3mo	$80,000	$53	83
1603 3rd St	0.19mi	3/1.0	1,608 (+5%)	5mo	$175,000	$109	79
105 Cypress Ave	0.38mi	3/1.5	1,496 (-3%)	3mo	$165,000	$110	73
1502 8th St	0.18mi	3/1.0	1,385 (-10%)	2mo	$101,000	$73	73
1804 First St	0.49mi	3/1.0	1,624 (+6%)	1mo	$124,000	$76	67
117 Ash Ave	0.31mi	3/1.5	1,392 (-9%)	3mo	$106,000	$76	66
2207 Kanawha St	0.53mi	4/1.0 (+1)	1,515 (-1%)	4mo	$142,000	$94	65
2104 First St	0.62mi	3/2.0	1,514 (-1%)	3mo	$148,000	$98	62
1037 Jefferson Ave	0.50mi	4/1.5 (+1)	1,576 (+3%)	6mo	$20,000	$13	60
524 9th St	0.48mi	3/1.0	1,374 (-10%)	3mo	$41,500	$30	57
606 12th St	0.64mi	3/2.0	1,320 (-14%)	0mo	$120,000	$91	42

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: -12.1%
• Equity multiple: 0.56×
• Total profit: $-14,219
• Equity at exit: $17,281

10-year hold

• IRR: -3.0%
• Equity multiple: 0.80×
• Total profit: $-6,594
• Equity at exit: $10,021

Cash invested: $32,452 (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 26041

• Home prices YoY: -24.8%
• Active inventory: 78
• Price-to-rent: 9.6×

Monthly cashflow live

• Estimated rent: $1,010 medium
• Mortgage (P&I): −$608
• Tax from tax record: −$70 /mo · $840/yr
• Insurance: −$48
• HOA: −$0
• Vacancy / Maint / Mgmt: −$212
• Net cashflow: $72

Break-even live

Break-even rent $919

Max offer price $115,900

Occupancy floor 88%

Sensitivity live

Price	-10% $138	-5% $105	+0% $72	+5% $39	+10% $6
Rent	-10% $-8	-5% $32	+0% $72	+5% $112	+10% $152
Rate	-1.0pp $130	-0.5pp $102	base $72	+0.5pp $42	+1.0pp $12

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: $28,975
• Closing costs: $3,477
• Reserves months: —
• Total cash needed: —

Listing history 5 events

1. 2026-05-21
   status Pending
2. 2026-05-20
   price $115,900
3. 2026-05-20
   status Active
4. 2026-05-09
   status Pending
5. 2026-04-29
   listed $129,900 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: $840 · $70/mo
• Projected year-2 tax: $840 · $70/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 5/10 Major FEMA zone X (unshaded) · 27% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 4/10 Moderate 8 d/yr ≥99°F today · 21 d/yr by 30 yrs out
• 💨 Wind 1/10 Low 0% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $12,124
• − Mortgage interest: −$6,492
• − Property taxes: −$840
• − Insurance: −$580
• − Repairs & maintenance: −$970
• − Management: −$970
• − Depreciation: −$3,372
• Taxable loss: −$1,099
• Est. tax savings @ 24.0%: +$264
• After-tax cash flow: $1,129/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: Marshall County Schools
• NCES district ID: 5400750
• Math proficiency: 28% ▼ -6.00%
• Reading proficiency: 36% ▼ -4.00%
• Median HH income: $40,289
• Composite: 26.91/100
• National rank: #7086
• State rank: #21 of 55 in WV

Livability — Moundsville

• Score: 66/100
• State rank: #105
• US rank: #11553

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Moundsville, WV
• County: Marshall · 16,750 people
• Metro: Wheeling, WV-OH
• Population (ZIP): 15,706
• Household income: $55,545
• Rent vs Own: 24.1% rent · 75.9% own
• Severe rent burden: 7.4

Population outlook (Marshall County) Hauer SSP2

• Today (2025): 30,387 people
• By 2030: 29,242 · -3.8%
• By 2040: 26,806 · -11.8%
• By 2050: 24,627 · -19.0%
• By 2075: 19,846 · -34.7%
• By 2100: 15,169 · -50.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (94%)
• Race & ethnicity: White 94% Two or more races 3% Hispanic / Latino 1%
• Common ancestry: Romanian 4% Iranian 2% Italian 1%
• Foreign-born: 1% · Canada
• Languages at home: 98% English-only · Spanish 1% German/W. Germanic 1%

Political lean MEDSL · Marshall

• 2024 margin: Solid R (+50.0) · D 24.1% · R 74.1% · Other 1.8%
• 2008→2024 swing: -37.5pp toward R · 2008: -12.6pp · 2024: -50.0pp
• All cycles: 2024: R+50.0 2020: R+49.6 2016: R+51.0 2012: R+28.6 2008: R+12.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -50.71%
• Current HPI: 153.9522
• Rent YoY: —
• Metro: —
• State GDP YoY: —
• F500 in state: 0

Price history

-10.8% since first listed

5 events — show timeline

• 2026-05-21 Pending — WBOR
• 2026-05-20 Price Changed $115,900 WBOR
• 2026-05-20 Relisted — WBOR
• 2026-05-09 Pending — WBOR
• 2026-04-29 Listed $129,900 WBOR

Property tax history

+6.5%/yr

Latest (2025): $840 · +3.2% YoY. Source: county tax records.