309 S 17th St · Weirton, WV 26062

$57,500

2 bd · 1.0 ba · 840 sqft · SingleFamily public records · 10 Days on market

Built 1951 4,878 sqft lot Est $110k · 48% 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 +29.0/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +7.3/10.0
• 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

This cute little 2 BR, 1BA home is just about move-in ready. Very clean. Nice kitchen cabinets. Huge back yard. Bring your vision and bring it back to life! Just needs a little TLC! Priced to sell at just $57,500!

Key facts

• Kitchen cabinets
• Huge back yard
• 4,878 sq ft lot

Tags

• KITCHEN CABINETS
• HUGE BACK YARD

Property features AI

Exterior

• Parking: On-street parking; Alley access
• Utilities: Public water; Public sewer
• Home design: Single-story home; Aluminum siding
• Construction: Built (year source: assessor); Asphalt roof; Block foundation
• Exterior features: Alley access; On-street parking

Interior

• Kitchen: Eat-in kitchen with linoleum flooring
• Bedrooms: Two main-level bedrooms
• Flooring: Linoleum in kitchen
• Bathrooms: One full bathroom (main level)
• Heating & cooling: Forced air heating (gas); Ceiling fan(s) for cooling
• Interior features: Has basement; Total of 4 rooms

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $58k.

Deal economics

• At list price, monthly cash flow is $196 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($709 rent vs $58k).
• Cap rate 10.4% 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; 1 comparable units currently listed for rent nearby; 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 $398 of loan paydown is wiped out by about $2k 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 $16k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• Only 10 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: built in 1951 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $57,500

Questions for the listing agent

1. Built in 1951 — 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: 1.23% ✓
• Cap rate: 10.39%
• Cash-on-cash: 14.64%
• DSCR: 1.65
• GRM: 6.8

CMA / ARV

• ARV (on-the-fly): $110,040
• Comps found: 7

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
415 S 17 St	0.09mi	3/1.0 (+1)	840 (0%)	9mo	$107,500	$128	83
108 Sullivan Cir	0.33mi	3/1.0 (+1)	912 (+9%)	2mo	$135,000	$148	64
209 S 13th St	0.33mi	2/1.0	744 (-11%)	13mo	$105,000	$141	55
128 Pikeview Rd	0.70mi	2/1.0	896 (+7%)	4mo	$105,000	$117	53
140 Pine St	0.66mi	2/1.0	780 (-7%)	6mo	$99,900	$128	52
126 Cropper St	0.56mi	2/1.0	936 (+11%)	6mo	$129,000	$138	50
123 Hardy St	0.52mi	2/1.0	916 (+9%)	23mo	$120,000	$131	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: 5.1%
• Equity multiple: 1.20×
• Total profit: $3,183
• Equity at exit: $8,573

10-year hold

• IRR: 14.5%
• Equity multiple: 2.17×
• Total profit: $18,840
• Equity at exit: $4,972

Cash invested: $16,100 (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: 6.8×

Monthly cashflow live

• Estimated rent: $709 medium
• Mortgage (P&I): −$302
• Tax from tax record: −$38 /mo · $458/yr
• Insurance: −$24
• HOA: −$0
• Vacancy / Maint / Mgmt: −$149
• Net cashflow: $196

Break-even live

Break-even rent $460

Max offer price $57,500

Occupancy floor 67%

Sensitivity live

Price	-10% $229	-5% $213	+0% $196	+5% $180	+10% $164
Rent	-10% $140	-5% $168	+0% $196	+5% $224	+10% $252
Rate	-1.0pp $225	-0.5pp $211	base $196	+0.5pp $182	+1.0pp $166

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: $14,375
• Closing costs: $1,725
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
400 Heathermoor Dr Weirton, WV	1.0	1.0	651	$709	$1.09	2d	1	1.03mi

Listing history 8 events

1. 2026-06-19
   days on market $57,500 Active 10 DOM
2. 2026-06-18
   days on market $57,500 Active 9 DOM
3. 2026-06-17
   days on market $57,500 Active 8 DOM
4. 2026-06-16
   days on market $57,500 Active 7 DOM
5. 2026-06-15
   days on market $57,500 Active 6 DOM
6. 2026-06-14
   days on market $57,500 Active 4 DOM
7. 2026-06-12
   remarks 215-char remark
8. 2026-06-12
   listed $57,500 Active 3 DOM

ⓘ 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: $458 · $38/mo
• Projected year-2 tax: $458 · $38/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 3/10 Moderate
• 🌡 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: $8,508
• − Mortgage interest: −$3,221
• − Property taxes: −$458
• − Insurance: −$288
• − Repairs & maintenance: −$681
• − Management: −$681
• − Depreciation: −$1,673
• Taxable income: $1,507
• Est. tax owed @ 24.0%: −$362
• After-tax cash flow: $1,995/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

• 2026-06-09 Listed $57,500 MLSNOW

Property tax history

+3.4%/yr

Latest (2025): $458 · +9.1% YoY. Source: county tax records.