1619 Lynn St · Parkersburg, WV 26101

$129,900

4 bd · 1.5 ba · 2,522 sqft · SingleFamily public records · 5 Days on market

Built 1925 6,451 sqft lot Est $222k · 41% under

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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 +22.3/30.0
• ARV discount +15.0/15.0
• DSCR +7.2/10.0
• 1% rule +5.2/10.0
• Schools +3.6/10.0
• Livability +3.6/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Classic 1920s Charm at 1619 Lynn Street Experience the historic character of this 1925-built residence. Boasting 2,522 square feet, this 4-bedroom, 2-bathroom home is filled with the kind of architectural details that are hard to find today, offering massive potential for its next chapter. Interior features include hardwood floors and decorative fireplaces that preserve the home’s vintage soul. Two wood-burning stoves provide a cozy, traditional feel throughout the expansive living spaces. With four large bedrooms and plenty of natural light, the layout is perfect for those who value space. Bonus Potential: The property includes a detached garage featuring a 1-bedroom, 1-bathroom ap

Key facts

• 1 bathroom apartment
• 1 bedroom apartment
• Wood burning stoves

Tags

• HARDWOOD FLOORS
• DECORATIVE FIREPLACES
• WOOD BURNING STOVES
• DETACHED GARAGE
• 1 BEDROOM APARTMENT
• 1 BATHROOM APARTMENT

What this means for you Summary

Snapshot

• This is a 4-bed/1.5-bath single-family listed at $130k.

Deal economics

• At list price, monthly cash flow is $215 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $130k).
• Cap rate 8.3% vs local median 5.5% in Parkersburg — 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 (#46 in WV) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime D+, schools F, commute F.
• Wood County Schools (urban): math 38% / reading 48% proficiency, ranked #3 of 55 in WV (top 6%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 148 active listings in the ZIP; 124 units permitted in Wood County in 2024 (33 in 5+ unit buildings).
• This rent runs 33% of the median local income ($49k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $898 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Wood County population projected at -13% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• Only 5 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $76k; list at $130k implies a 70% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1925 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $129,900

Questions for the listing agent

1. Built in 1925 — 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 F-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. 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?
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: 1.02% ✓
• Cap rate: 8.28%
• Cash-on-cash: 7.09%
• DSCR: 1.32
• GRM: 8.2

CMA / ARV

• ARV (on-the-fly): $221,936
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1619 Lynn St	0.00mi	4/2.0	2,522 (0%)	1mo	$125,000	$50	97
1029 Lynn St	0.47mi	3/2.0 (-1)	2,490 (-1%)	6mo	$70,000	$28	64
2302 Liberty St	0.61mi	5/2.0 (+1)	2,500 (-1%)	1mo	$250,000	$100	62
1305 Wells Cir	0.22mi	3/3.0 (-1)	2,451 (-3%)	16mo	$197,000	$80	61
1005 Quincy St	0.55mi	3/1.5 (-1)	2,688 (+7%)	2mo	$190,000	$71	57
1615 Liberty St	0.45mi	3/2.5 (-1)	2,612 (+4%)	12mo	$265,000	$101	54
1307 Plum St	0.41mi	3/1.5 (-1)	2,222 (-12%)	3mo	$225,000	$101	54
1002 Jackson Ave	0.50mi	4/3.0	2,775 (+10%)	0mo	$165,000	$59	54
2504 Liberty St	0.70mi	5/2.0 (+1)	2,375 (-6%)	2mo	$209,000	$88	49
1435 22nd St	0.40mi	4/2.5	2,851 (+13%)	8mo	$289,900	$102	48
1518 Washington Ave	0.39mi	3/3.0 (-1)	2,191 (-13%)	7mo	$280,000	$128	43
1007 Quincy St	0.53mi	4/2.5	2,792 (+11%)	13mo	$240,000	$86	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: -5.5%
• Equity multiple: 0.80×
• Total profit: $-7,381
• Equity at exit: $19,369

10-year hold

• IRR: 4.2%
• Equity multiple: 1.31×
• Total profit: $11,110
• Equity at exit: $11,231

Cash invested: $36,372 (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 26101

• Home prices YoY: -27.3%
• Active inventory: 148
• Price-to-rent: 8.2×

Monthly cashflow live

• Estimated rent: $1,321 medium
• Mortgage (P&I): −$681
• Tax from tax record: −$94 /mo · $1,123/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$277
• Net cashflow: $215

Break-even live

Break-even rent $1,049

Max offer price $129,900

Occupancy floor 79%

Sensitivity live

Price	-10% $288	-5% $252	+0% $215	+5% $178	+10% $141
Rent	-10% $111	-5% $163	+0% $215	+5% $267	+10% $319
Rate	-1.0pp $280	-0.5pp $248	base $215	+0.5pp $181	+1.0pp $147

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: $32,475
• Closing costs: $3,897
• Reserves months: —
• Total cash needed: —

Listing history 3 events

1. 2026-04-27
   status Pending
2. 2026-04-22
   listed $129,900 Active
3. 2000-10-27
   soldstatus $76,500

ⓘ 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: $1,123 · $94/mo
• Projected year-2 tax: $1,123 · $94/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 5/10 Major 7 d/yr ≥102°F today · 18 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: $15,856
• − Mortgage interest: −$7,276
• − Property taxes: −$1,123
• − Insurance: −$650
• − Repairs & maintenance: −$1,269
• − Management: −$1,269
• − Depreciation: −$3,779
• Taxable income: $491
• Est. tax owed @ 24.0%: −$118
• After-tax cash flow: $2,461/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: Wood County Schools
• NCES district ID: 5401620
• Math proficiency: 38% ▼ -10.00%
• Reading proficiency: 48% ▼ -4.00%
• Median HH income: $42,363
• Composite: 36.22/100
• National rank: #4728
• State rank: #3 of 55 in WV

Livability — Parkersburg

• Score: 72/100
• State rank: #46
• US rank: #5841

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Parkersburg, WV
• County: Wood County · 44,810 people
• City population: 44,810
• Metro: Parkersburg-Vienna, WV
• Population (ZIP): 28,005
• Household income: $48,710
• Rent vs Own: 31.8% rent · 68.2% own
• Severe rent burden: 723.0

Population outlook (Wood County) Hauer SSP2

• Today (2025): 84,304 people
• By 2030: 82,420 · -2.2%
• By 2040: 78,133 · -7.3%
• By 2050: 73,639 · -12.7%
• By 2075: 63,093 · -25.2%
• By 2100: 50,461 · -40.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (93%)
• Race & ethnicity: White 93% Two or more races 3% Hispanic / Latino 2% Black 1%
• Common ancestry: Serbian 2% Slovak 2% Lithuanian 1%
• Foreign-born: 1%

Political lean MEDSL · Wood

• 2024 margin: Solid R (+43.0) · D 27.6% · R 70.7% · Other 1.6%
• 2008→2024 swing: -14.4pp toward R · 2008: -28.7pp · 2024: -43.0pp
• All cycles: 2024: R+43.0 2020: R+42.0 2016: R+47.8 2012: R+32.5 2008: R+28.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -76.52%
• Current HPI: 203.4508
• Rent YoY: —
• Metro: Parkersburg-Vienna, WV
• State GDP YoY: —
• F500 in state: 0

Price history

+69.8% since first listed

3 events — show timeline

• 2026-04-27 Pending — MLSNOW
• 2026-04-22 Listed $129,900 MLSNOW
• 2000-10-27 Sold (Public Records) $76,500 Public Records

Property tax history

-0.8%/yr

Latest (2025): $1,123 · +9.1% YoY. Source: county tax records.