423 Grand Ave · Bridgeport, WV 26330

$209,900

3 bd · 1.5 ba · 1,042 sqft · SingleFamily public records · 109 Days on market

Built 1952 10,019 sqft lot Est $199k · 5% over

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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 +14.0/30.0
• ARV discount +5.0/15.0
• DSCR +4.2/10.0
• Livability +4.2/5.0
• Schools +3.0/10.0
• 1% rule +2.9/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Charming 3 bedroom home with access ramp to the first door. First floor offers living room, dining room, and kitchen with access to laundry. First floor bedroom with 2 additional bedrooms on the second floor. One stall garage, storage space in basement, and a huge flat backyard!

Key facts

• Attached garage
• Small front deck
• Mudroom

Tags

• HVAC SYSTEM
• NEW ROOF
• ATTACHED GARAGE
• SMALL FRONT DECK
• MUDROOM
• COVERED BACK PORCH

Property features AI

Finance

• Financial info: Tax annual amount provided but excluded from details
• HOA & community: Community amenities: Golf, Pool, Tennis courts

Exterior

• Parking: Attached garage (1 garage space); On-street parking available; Off-street parking available
• Security: Smoke detector(s)
• Utilities: Public water; Public sewer; Cable available
• Home design: Single family residence (detached); 2 stories
• Construction: Frame construction with vinyl siding; Shingle roof; Built on foundation (year built not provided)
• Exterior features: Deck; Porch; Level lot

Interior

• Kitchen: Dishwasher; Microwave; Range; Refrigerator
• Bedrooms: 7 total rooms (bedroom count not specified)
• Flooring: Laminate; Vinyl; Wood
• Bathrooms: 1 full bathroom
• Heating & cooling: Forced air heating (natural gas); Central air conditioning
• Interior features: Dishwasher; Microwave; Range; Refrigerator; Dryer; Washer; Concrete partial unfinished walk-out basement; Smoke detector(s)
• Laundry & utility: Washer; Dryer

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $210k.

Deal economics

• At list price, monthly cash flow is $27 ($328/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 $165k (21.5% below list).
• Recommended offer: $165k (21.5% below list) — sets the bar for 1% rule.
• Cap rate 6.4% vs local median 2.5% in Bridgeport — 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 85/100 on livability (#4 in WV, #620 nationally) — a professional / high-income tenant draw. Strengths: employment A+, cost of living A+, housing A+; Watch: amenities D-, commute F.
• Harrison County Schools (town): math 29% / reading 43% proficiency, ranked #12 of 55 in WV (top 22%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Simpson Elementary School (math 42% / reading 42%, grade F, #87 of 377 statewide, top 28%, 420 students, 0% FRL); Bridgeport Middle School (math 43% / reading 63%, grade C+, #3 of 109 statewide, top 2%, 603 students, 0% FRL); Bridgeport High School (math 47% / reading 72%, grade C+, #3 of 110 statewide, top 2%, 808 students, 0% FRL) — zoned schools average 0% FRL vs 43% district-wide (43 pts lower); this property's tenant base skews higher-income than the district average.
• Zoned-school proficiency averages 52% at this address vs 36% district-wide (+16 pts) — the actual schools serving this property are materially stronger than the Harrison County Schools average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: 117 active listings in the ZIP; solid renter incomes; 84 units permitted in Harrison County in 2024 (5 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• Harrison County population projected at -11% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 109 days — a 9% lower offer ($191k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 5y ago; this cycle's ask has dropped $20k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $115k; list at $210k implies a 83% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1952 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $164,847 (21.5% below list)

Questions for the listing agent

1. It's been on market 109 days. Have you received any prior offers? Is the seller open to a 21% concession, seller financing, or rate buy-down credit?
2. Built in 1952 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
6. 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?
7. 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.
8. 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.
9. 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: 0.79% ✗
• Cap rate: 6.45%
• Cash-on-cash: 0.56%
• DSCR: 1.02
• GRM: 10.6

CMA / ARV

• ARV (on-the-fly): $199,022
• Comps found: 6

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
110 E Smith	0.48mi	3/1.0	1,050 (+1%)	1mo	$210,000	$200	73
403 Willis	0.38mi	2/1.0 (-1)	1,024 (-2%)	11mo	$179,900	$176	64
115 Liberty	0.38mi	3/1.5	960 (-8%)	15mo	$205,000	$214	57
218 Cherry	0.35mi	3/2.0	1,152 (+11%)	11mo	$199,000	$173	55
416 Cherry St	0.25mi	3/1.5	1,196 (+15%)	11mo	$190,000	$159	54
210 E Olive	0.53mi	3/1.0	1,126 (+8%)	7mo	$215,000	$191	54

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: -15.5%
• Equity multiple: 0.45×
• Total profit: $-32,355
• Equity at exit: $31,297

10-year hold

• IRR: -7.0%
• Equity multiple: 0.55×
• Total profit: $-26,269
• Equity at exit: $18,148

Cash invested: $58,772 (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 26330

• Home prices YoY: -17.6%
• Active inventory: 117
• Price-to-rent: 10.6×

Monthly cashflow live

• Estimated rent: $1,648 medium
• Mortgage (P&I): −$1,101
• Tax from tax record: −$87 /mo · $1,041/yr
• Insurance: −$87
• HOA: −$0
• Vacancy / Maint / Mgmt: −$346
• Net cashflow: $27

Break-even live

Break-even rent $1,614

Max offer price $209,900

Occupancy floor 93%

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: $52,475
• Closing costs: $6,297
• Reserves months: —
• Total cash needed: —

Listing history 25 events

1. 2026-06-19
   days on market $209,900 Active 109 DOM
2. 2026-06-18
   days on market $209,900 Active 108 DOM
3. 2026-06-17
   price $209,900 Active 107 DOM
4. 2026-06-17
   days on market $214,900 Active 107 DOM
5. 2026-06-16
   days on market $214,900 Active 106 DOM
6. 2026-06-15
   days on market $214,900 Active 105 DOM
7. 2026-06-14
   days on market $214,900 Active 103 DOM
8. 2026-06-12
   days on market $214,900 Active 102 DOM
9. 2026-06-09
   days on market $214,900 Active 99 DOM
10. 2026-06-08
    days on market $214,900 Active 98 DOM
11. 2026-06-07
    days on market $214,900 Active 97 DOM
12. 2026-06-05
    days on market $214,900 Active 94 DOM
13. 2026-06-03
    days on market $214,900 Active 93 DOM
14. 2026-06-02
    days on market $214,900 Active 92 DOM
15. 2026-06-01
    days on market $214,900 Active 91 DOM
16. 2026-05-31
    days on market $214,900 Active 90 DOM
17. 2026-05-30
    days on market $214,900 Active 89 DOM
18. 2026-05-07
    price $214,900
19. 2026-04-25
    price $219,900
20. 2026-04-12
    price $224,900
21. 2026-03-03
    listed $229,900 Active
22. 2025-05-19
    soldstatus $115,000
23. 2021-11-29
    soldstatus $107,000
24. 2021-11-23
    soldstatus $107,000 279-char remark

    Show marketing remark (279 chars)

    Charming 3 bedroom home with access ramp to the first door. First floor offers living room, dining room, and kitchen with access to laundry. First floor bedroom with 2 additional bedrooms on the second floor. One stall garage, storage space in basement, and a huge flat backyard!

25. 2021-07-07
    listed $129,900 279-char remark

    Show marketing remark (279 chars)

    Charming 3 bedroom home with access ramp to the first door. First floor offers living room, dining room, and kitchen with access to laundry. First floor bedroom with 2 additional bedrooms on the second floor. One stall garage, storage space in basement, and a huge flat backyard!

ⓘ 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: $1,041 · $87/mo
• Projected year-2 tax: $1,238 · $103/mo
• Expected delta: +$197/yr (+$16/mo · 19.0%)

ⓘ 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 4/10 Moderate 7 d/yr ≥97°F today · 19 d/yr by 30 yrs out
• 💨 Wind 1/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,782
• − Mortgage interest: −$11,758
• − Property taxes: −$1,041
• − Insurance: −$1,050
• − Repairs & maintenance: −$1,583
• − Management: −$1,583
• − Depreciation: −$6,106
• Taxable loss: −$3,338
• Est. tax savings @ 24.0%: +$801
• 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: Harrison County Schools
• NCES district ID: 5400510
• Math proficiency: 29% ▼ -10.00%
• Reading proficiency: 43% ▼ -3.00%
• Median HH income: $43,269
• Composite: 30.48/100
• National rank: #6222
• State rank: #12 of 55 in WV

Livability — Bridgeport

• Score: 85/100
• State rank: #4
• US rank: #620

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Bridgeport, WV
• County: Harrison County · 44,316 people
• City population: 15,600
• Metro: Clarksburg, WV
• Population (ZIP): 15,600
• Household income: $88,962
• Rent vs Own: 24.1% rent · 75.9% own
• Severe rent burden: 219.0

Population outlook (Harrison County) Hauer SSP2

• Today (2025): 67,273 people
• By 2030: 65,963 · -1.9%
• By 2040: 63,033 · -6.3%
• By 2050: 59,999 · -10.8%
• By 2075: 52,524 · -21.9%
• By 2100: 42,654 · -36.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (90%)
• Race & ethnicity: White 90% Two or more races 4% Hispanic / Latino 3% Asian 2% Black 1%
• Common ancestry: Romanian 4% Serbian 3% Slovak 2%
• Foreign-born: 2% · China
• Languages at home: 96% English-only · Chinese 1% Russian/Polish/Slavic 1% Other Indo-European 1%

Political lean MEDSL · Harrison

• 2024 margin: Solid R (+41.0) · D 28.5% · R 69.4% · Other 2.1%
• 2008→2024 swing: -27.6pp toward R · 2008: -13.3pp · 2024: -41.0pp
• All cycles: 2024: R+41.0 2020: R+37.6 2016: R+39.5 2012: R+23.5 2008: R+13.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -53.10%
• Current HPI: 249.1427
• Rent YoY: —
• Metro: Clarksburg, WV
• State GDP YoY: —
• F500 in state: 0

Price history

+65.4% since first listed

8 events — show timeline

• 2026-05-07 Price Changed $214,900 NCWVREIN
• 2026-04-25 Price Changed $219,900 NCWVREIN
• 2026-04-12 Price Changed $224,900 NCWVREIN
• 2026-03-03 Listed $229,900 NCWVREIN
• 2025-05-19 Sold (Public Records) $115,000 Public Records
• 2021-11-29 Sold (Public Records) $107,000 Public Records
• 2021-11-23 Sold (MLS) $107,000 NCWVREIN
• 2021-07-07 Listed $129,900 NCWVREIN

Property tax history

-5.7%/yr

Latest (2025): $1,041 · +6.9% YoY. Source: county tax records.