504 Brammer St · Mullens, WV
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 3/10 · Minor
- Est. fire insurance / yr
- $787 – $1,461
Heat risk 4/10 · Minor
- Hot days now (above 94°F)
- 8 days/yr
- Hot days in 30 yrs
- 25 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- 1.0%
Air-quality risk 1/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 0 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the C- 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 +21.0/30.0
- Appreciation +7.6/10.0
- DSCR +6.7/10.0
- 1% rule +5.5/10.0
- Condition / age +3.8/5.0
- Livability +3.2/5.0
- Rent growth +2.5/5.0
- Schools +2.4/10.0
- ARV discount +0.0/15.0
$114,500
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks
SELLER OFFERING UP TO A $3,000 BUYER CREDIT AT CLOSING! This beautifully refreshed, move-in ready home sits high above the city, offering breathtaking mountain views from your private deck. Enjoy easy one-level living with a layout designed for comfort and convenience—ideal for a variety of lifestyles. The home features numerous updates, including most new appliances, doors, and windows, as well as luxury vinyl plank flooring in the kitchen and bathrooms. All bathrooms have updated fixtures and hardware. The interior of the home has been freshly painted. The finished walkout basement adds incredible flexibility, featuring a fourth bedroom and potential for a second apartment, with all
Key facts
- Private deck
- Renovated bathrooms
- New appliances
Tags
Property features AI
Exterior
- Parking: No garage
- Security: Security system
- Utilities: Public water; Public sewer
- Home design: Residential property
- Construction: Block and vinyl siding construction; Below-grade finished area (basement) present
- Exterior features: Deck; Privacy fencing / fenced yard; Landscaped lot; Mountain views; Asphalt roof
Interior
- Kitchen: Range; Cooktop; Built-in range; Dishwasher; Disposal; Gas water heater
- Flooring: Hardwood; Laminate
- Bathrooms: 1 full bathroom; 1 half bathroom
- Heating & cooling: Natural gas forced-air heating; Central air; Ceiling fans
- Interior features: Eat-in kitchen; Entrance foyer; Ceiling fans; Fireplace
- Laundry & utility: Washer hookup; Unfinished basement with bath stubbed
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.5-bath single-family listed at $114k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $162 ($2k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $114k).
- Recommended offer: $108k (6.0% below list) — sets the bar for market timing.
Location & tenants
- Location reads 64/100 on livability (#151 in WV) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: employment C-, amenities F, commute F.
- Wyoming County Schools (rural): math 20% / reading 38% proficiency, ranked #37 of 55 in WV (top 67%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
- Zoned schools: Mullens Elementary School (math 32% / reading 37%, grade F, #148 of 377 statewide, top 49%, 177 students, 0% FRL); Mullens Middle School (math 8% / reading 37%, grade F, #94 of 109 statewide, top 86%, 135 students, 0% FRL); Wyoming County East High School (math 17% / reading 37%, grade F, #79 of 110 statewide, top 78%, 473 students, 0% FRL) — zoned schools average 0% FRL vs 54% district-wide (54 pts lower); this property's tenant base skews higher-income than the district average.
- Market conditions: 4 active listings in the ZIP.
Forward outlook
- In year one you build about $7k of equity ($792 loan paydown + $6k appreciation (5.2% local appreciation)).
- Wyoming County population projected at -34% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
- At projected returns (5.2% appreciation + 3.0% rent growth), your $32k cash investment doubles in ~4 years — after that, you're playing with house money.
- By year 6, paydown + projected appreciation supports a ~$36k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- It's been on market 90 days — a 6% lower offer ($108k) is reasonable based on typical stale-listing flexibility.
- 4 sale attempts since 6y ago; this cycle's ask has dropped $15k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $45k; list at $114k implies a 154% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1947 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 90 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
- Built in 1947 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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.
- 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.
- 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
- 1.05% ✓
- Cap rate
- 7.99%
- Cash-on-cash
- 6.05%
- DSCR
- 1.27
- GRM
- 7.9
CMA / ARV
- ARV (on-the-fly)
- $95,120
- Comps found
- 2
Show comp detail 2 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 612 Circle Dr | 0.08mi | 4/2.0 (+1) | 1,776 (+8%) | 21mo | $62,000 | $35 | 58 |
| 616 Florence St | 0.11mi | 3/2.0 | 1,454 (-11%) | 24mo | $85,000 | $58 | 54 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
5.22% appreciation · 3.0% rent growth · sell at horizon
- IRR
- 18.6%
- Equity multiple
- 2.19×
- Total profit
- $38,126
- Equity at exit
- $66,398
- IRR
- 18.5%
- Equity multiple
- 4.30×
- Total profit
- $105,762
- Equity at exit
- $115,864
Cash invested: $32,060 (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
ZIP-level market 25882
- Home prices YoY
- 3.8%
- Active inventory
- 4
- Price-to-rent
- 7.9×
Monthly cashflow live
- Estimated rent
- $1,206 medium interval (Pro) →
- Mortgage (P&I)
- −$600
- Tax est. 1.5%
- −$143 /mo · $1,718/yr
- Insurance
- −$48
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$253
- Net cashflow
- $162
Break-even live
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
- $28,625
- Closing costs
- $3,435
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Listing history 25 events
-
2026-06-18days on market $114,500 Active 90 DOM
-
2026-06-17days on market $114,500 Active 89 DOM
-
2026-06-16days on market $114,500 Active 88 DOM
-
2026-06-15days on market $114,500 Active 87 DOM
-
2026-06-15days on market $114,500 Active 86 DOM
-
2026-06-13days on market $114,500 Active 85 DOM
-
2026-06-12days on market $114,500 Active 84 DOM
-
2026-06-09days on market $114,500 Active 81 DOM
-
2026-06-08days on market $114,500 Active 80 DOM
-
2026-06-08days on market $114,500 Active 79 DOM
-
2026-06-07days on market $114,500 Active 78 DOM
-
2026-06-04days on market $114,500 Active 76 DOM
-
2026-06-03days on market $114,500 Active 75 DOM
-
2026-06-02days on market $114,500 Active 74 DOM
-
2026-06-01days on market $114,500 Active 73 DOM
-
2026-05-31days on market $114,500 Active 72 DOM
-
2026-05-11price $114,500
-
2026-04-14price $120,000
-
2026-03-20$129,900 Active
-
2026-02-24price
-
2026-02-19price
-
2026-01-17Active
-
2024-11-22Active
-
2021-02-25soldstatus $45,000
-
2020-12-05$47,000
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 3/10 Moderate
- Heat 4/10 Moderate 8 d/yr ≥94°F today · 25 d/yr by 30 yrs out
- Wind 1/10 Low 100% chance of damaging wind over 30 yrs
- Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $14,475
- − Mortgage interest
- −$6,414
- − Property taxes
- −$1,718
- − Insurance
- −$572
- − Repairs & maintenance
- −$1,158
- − Management
- −$1,158
- − Depreciation
- −$3,331
- Taxable income
- $124
- Est. tax owed @ 24.0%
- −$30
- After-tax cash flow
- $1,910/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.
Condition & rehab AI · 12 photos
This move-in ready home offers a good condition with recent updates and a solid structure, making it an attractive investment opportunity.
Value-add opportunities
- Resale update exterior paint — enhances curb appeal
- Both install new front door — improves both appearance and security
- Both install new windows — increases natural light and energy efficiency
Renovation cost estimate screening
Value-add ROI direction
- Resale update exterior paint — enhances curb appeal ↑
- Both install new front door — improves both appearance and security ↑
- Both install new windows — increases natural light and energy efficiency ↑
ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.
Schools (NCES district)
- District
- Wyoming County Schools
- NCES district ID
- 5401650
- Math proficiency
- 20% ▼ -11.00%
- Reading proficiency
- 38% ▼ -8.00%
- Median HH income
- $35,763
- Composite
- 23.94/100
- National rank
- #7783
- State rank
- #37 of 55 in WV
Livability — Mullens
- Score
- 64/100
- State rank
- #151
- US rank
- #14668
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Mullens, WV
- Population (ZIP)
- 2,361
Population outlook (Wyoming County) Hauer SSP2
- Today (2025)
- 19,301 people
- By 2030
- 17,775 · -7.9%
- By 2040
- 14,923 · -22.7%
- By 2050
- 12,703 · -34.2%
- By 2075
- 8,812 · -54.3%
- By 2100
- 6,146 · -68.2%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (90%)
- Race & ethnicity
- White 90% Two or more races 5% Black 4% Hispanic / Latino 3%
- Common ancestry
- Italian 15% Iranian 2% Serbian 1%
- Foreign-born
- 1% · Canada
- Languages at home
- 99% English-only · Spanish 1%
Political lean MEDSL · Wyoming
- 2024 margin
- Solid R (+73.0) · D 12.9% · R 86.0% · Other 1.1%
- 2008→2024 swing
- -48.0pp toward R · 2008: -25.1pp · 2024: -73.0pp
- All cycles
- 2024: R+73.0 2020: R+72.1 2016: R+70.0 2012: R+55.7 2008: R+25.1
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▲ 5.22%
- Current HPI
- 142.1611
- Rent YoY
- —
- Metro
- —
- State GDP YoY
- —
- F500 in state
- 0
Price history
+143.6% since first listed9 events — show timeline
- 2026-05-11 Price Changed $114,500 BBOR
- 2026-04-14 Price Changed $120,000 BBOR
- 2026-03-20 Listed $129,900 BBOR
- 2026-02-24 Price Changed — BBOR
- 2026-02-19 Price Changed — BBOR
- 2026-01-17 Listed — BBOR
- 2024-11-22 Listed — BBOR
- 2021-02-25 Sold (MLS) $45,000 BBOR
- 2020-12-05 Listed $47,000 BBOR
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…