637 5th St · New Martinsville, WV 26155

$105,000

3 bd · 1.5 ba · 1,328 sqft · SingleFamily public records · 92 Days on market

Built 1961 4,356 sqft lot Est $150k · 30% 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 +28.7/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +7.1/10.0
• Livability +3.1/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.4/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this 3 BR/1.5 bath brick ranch home on a level lot w/ an integral garage w/ convenient alley access to the backyard. Step inside to discover a spacious living room & family room combo complete with a cozy fireplace. The large eat-in kitchen provides ample space for dining & includes access to a convenient mud room & main floor laundry that leads to the back porch. The main level offers 3 inviting bedrooms, 2 of which showcase beautiful hardwood floors (there may be hardwood underneath the carpet in the 3rd BR as well). Full bath on the main floor + 3/4 bath in bsmt along w/ a cozy family rm w/ 2nd fireplace. Call you favorite agent for a private showing. Priced to sell quickly.

Key facts

• Large eat-in kitchen
• Integral garage
• Level lot

Tags

• BRICK RANCH HOME
• LEVEL LOT
• INTEGRAL GARAGE
• LARGE EAT-IN KITCHEN
• MUD ROOM
• MAIN FLOOR LAUNDRY

Property features AI

Exterior

• Parking: Attached garage with 1 garage space
• Utilities: Public water; Public sewer
• Home design: Single-story home; Brick construction; Shingle roof; Block foundation
• Construction: Brick exterior; Built (year source: Assessor)
• Exterior features: Front porch; Rear porch; City lot that is flat and level (43 x 100)

Interior

• Kitchen: Eat-in kitchen; Refrigerator included
• Bedrooms: Three main-level bedrooms; Bedrooms feature hardwood and carpet flooring
• Flooring: Hardwood flooring in some bedrooms; Carpet in living room and at least one bedroom; Linoleum in bathroom and mud room
• Bathrooms: One full bathroom; One half bathroom; One main-level bathroom
• Heating & cooling: Forced air gas heating; Central air conditioning
• Interior features: Eat-in kitchen; Large eat-in kitchen with abundant cabinets; Huge living room; Main floor laundry / mud room with kitchen and back porch access; Full basement with interior entry; Two fireplaces (living room and basement)
• Laundry & utility: Laundry located on main level and in basement

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $105k.

Deal economics

• At list price, monthly cash flow is $295 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $105k).
• Recommended offer: $96k (9.0% below list) — sets the bar for market timing.
• Cap rate 10.3% vs local median 4.3% in New Martinsville — 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 62/100 on livability (#176 in WV) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: schools D-, amenities F, commute F.
• Wetzel County Schools (town): math 25% / reading 33% proficiency, ranked #36 of 55 in WV (top 66%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 37 active listings in the ZIP.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $726 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Wetzel County population projected at -28% 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 $29k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 92 days — a 9% lower offer ($96k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $85k; 24% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: flood insurance adds $56/mo.
• Climate carrying-cost: severe flood risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $95,550 (9.0% below list)

Questions for the listing agent

1. It's been on market 92 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1961 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
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: 1.21% ✓
• Cap rate: 10.30%
• Cash-on-cash: 14.31%
• DSCR: 1.64
• GRM: 6.9

CMA / ARV

• ARV (on-the-fly): $150,064
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
601 4th St	0.10mi	3/1.5	1,358 (+2%)	5mo	$72,000	$53	87
618 6th St	0.05mi	3/2.0	1,282 (-4%)	12mo	$162,000	$126	80
840 5th St	0.34mi	3/2.0	1,231 (-7%)	3mo	$170,000	$138	68
803 5th St	0.25mi	3/2.0	1,439 (+8%)	8mo	$100,000	$69	66
830 5th St	0.32mi	3/2.0	1,270 (-4%)	14mo	$144,000	$113	64
1024 5th St	0.50mi	3/1.5	1,308 (-2%)	13mo	$170,000	$130	63
379 Locust St	0.15mi	3/2.0	1,520 (+14%)	5mo	$25,000	$16	63
854 5th St	0.37mi	3/1.5	1,176 (-11%)	12mo	$166,000	$141	54
758 North Main St	0.47mi	3/1.5	1,520 (+14%)	4mo	$180,000	$118	51
222 Leap St	0.46mi	3/1.0	1,260 (-5%)	22mo	$92,000	$73	50
771 North Main St	0.44mi	3/2.5	1,510 (+14%)	12mo	$125,000	$83	43
1132 4th St	0.65mi	4/2.0 (+1)	1,230 (-7%)	12mo	$118,450	$96	41

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: 1.6%
• Equity multiple: 1.06×
• Total profit: $1,793
• Equity at exit: $15,656

10-year hold

• IRR: 11.2%
• Equity multiple: 1.88×
• Total profit: $25,809
• Equity at exit: $9,078

Cash invested: $29,400 (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 26155

• Home prices YoY: -20.5%
• Active inventory: 37
• Price-to-rent: 6.9×

Monthly cashflow live

• Estimated rent: $1,275 medium
• Mortgage (P&I): −$551
• Tax from tax record: −$62 /mo · $747/yr
• Insurance: −$44
• Flood insurance flood zone: −$56 /mo · $666/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$268
• Net cashflow: $295

Break-even live

Break-even rent $901

Max offer price $105,000

Occupancy floor 72%

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: $26,250
• Closing costs: $3,150
• Reserves months: —
• Total cash needed: —

Listing history 17 events

1. 2026-05-07
   status Pending 715-char remark

   Show marketing remark (715 chars)

   Welcome to this 3 BR/1.5 bath brick ranch home on a level lot w/ an integral garage w/ convenient alley access to the backyard. Step inside to discover a spacious living room & family room combo complete with a cozy fireplace. The large eat-in kitchen provides ample space for dining & includes access to a convenient mud room & main floor laundry that leads to the back porch. The main level offers 3 inviting bedrooms, 2 of which showcase beautiful hardwood floors (there may be hardwood underneath the carpet in the 3rd BR as well). Full bath on the main floor + 3/4 bath in bsmt along w/ a cozy family rm w/ 2nd fireplace. Call you favorite agent for a private showing. Priced to sell quickly.

2. 2026-05-07
   status Pending

   Show marketing remark (715 chars)

   Welcome to this 3 BR/1.5 bath brick ranch home on a level lot w/ an integral garage w/ convenient alley access to the backyard. Step inside to discover a spacious living room & family room combo complete with a cozy fireplace. The large eat-in kitchen provides ample space for dining & includes access to a convenient mud room & main floor laundry that leads to the back porch. The main level offers 3 inviting bedrooms, 2 of which showcase beautiful hardwood floors (there may be hardwood underneath the carpet in the 3rd BR as well). Full bath on the main floor + 3/4 bath in bsmt along w/ a cozy family rm w/ 2nd fireplace. Call you favorite agent for a private showing. Priced to sell quickly.

3. 2026-05-07
   historical

   Show marketing remark (715 chars)

   Welcome to this 3 BR/1.5 bath brick ranch home on a level lot w/ an integral garage w/ convenient alley access to the backyard. Step inside to discover a spacious living room & family room combo complete with a cozy fireplace. The large eat-in kitchen provides ample space for dining & includes access to a convenient mud room & main floor laundry that leads to the back porch. The main level offers 3 inviting bedrooms, 2 of which showcase beautiful hardwood floors (there may be hardwood underneath the carpet in the 3rd BR as well). Full bath on the main floor + 3/4 bath in bsmt along w/ a cozy family rm w/ 2nd fireplace. Call you favorite agent for a private showing. Priced to sell quickly.

4. 2026-04-12
   status Active 715-char remark

   Show marketing remark (715 chars)

   Welcome to this 3 BR/1.5 bath brick ranch home on a level lot w/ an integral garage w/ convenient alley access to the backyard. Step inside to discover a spacious living room & family room combo complete with a cozy fireplace. The large eat-in kitchen provides ample space for dining & includes access to a convenient mud room & main floor laundry that leads to the back porch. The main level offers 3 inviting bedrooms, 2 of which showcase beautiful hardwood floors (there may be hardwood underneath the carpet in the 3rd BR as well). Full bath on the main floor + 3/4 bath in bsmt along w/ a cozy family rm w/ 2nd fireplace. Call you favorite agent for a private showing. Priced to sell quickly.

5. 2026-04-12
   status Active

   Show marketing remark (715 chars)

   Welcome to this 3 BR/1.5 bath brick ranch home on a level lot w/ an integral garage w/ convenient alley access to the backyard. Step inside to discover a spacious living room & family room combo complete with a cozy fireplace. The large eat-in kitchen provides ample space for dining & includes access to a convenient mud room & main floor laundry that leads to the back porch. The main level offers 3 inviting bedrooms, 2 of which showcase beautiful hardwood floors (there may be hardwood underneath the carpet in the 3rd BR as well). Full bath on the main floor + 3/4 bath in bsmt along w/ a cozy family rm w/ 2nd fireplace. Call you favorite agent for a private showing. Priced to sell quickly.

6. 2026-03-16
   status Pending 715-char remark

   Show marketing remark (715 chars)

   Welcome to this 3 BR/1.5 bath brick ranch home on a level lot w/ an integral garage w/ convenient alley access to the backyard. Step inside to discover a spacious living room & family room combo complete with a cozy fireplace. The large eat-in kitchen provides ample space for dining & includes access to a convenient mud room & main floor laundry that leads to the back porch. The main level offers 3 inviting bedrooms, 2 of which showcase beautiful hardwood floors (there may be hardwood underneath the carpet in the 3rd BR as well). Full bath on the main floor + 3/4 bath in bsmt along w/ a cozy family rm w/ 2nd fireplace. Call you favorite agent for a private showing. Priced to sell quickly.

7. 2026-03-16
   status Pending

   Show marketing remark (715 chars)

   Welcome to this 3 BR/1.5 bath brick ranch home on a level lot w/ an integral garage w/ convenient alley access to the backyard. Step inside to discover a spacious living room & family room combo complete with a cozy fireplace. The large eat-in kitchen provides ample space for dining & includes access to a convenient mud room & main floor laundry that leads to the back porch. The main level offers 3 inviting bedrooms, 2 of which showcase beautiful hardwood floors (there may be hardwood underneath the carpet in the 3rd BR as well). Full bath on the main floor + 3/4 bath in bsmt along w/ a cozy family rm w/ 2nd fireplace. Call you favorite agent for a private showing. Priced to sell quickly.

8. 2026-03-10
   status Active
9. 2026-02-12
   status Pending
10. 2026-02-06
    status Active 715-char remark

    Show marketing remark (715 chars)

    Welcome to this 3 BR/1.5 bath brick ranch home on a level lot w/ an integral garage w/ convenient alley access to the backyard. Step inside to discover a spacious living room & family room combo complete with a cozy fireplace. The large eat-in kitchen provides ample space for dining & includes access to a convenient mud room & main floor laundry that leads to the back porch. The main level offers 3 inviting bedrooms, 2 of which showcase beautiful hardwood floors (there may be hardwood underneath the carpet in the 3rd BR as well). Full bath on the main floor + 3/4 bath in bsmt along w/ a cozy family rm w/ 2nd fireplace. Call you favorite agent for a private showing. Priced to sell quickly.

11. 2026-02-06
    status Active

    Show marketing remark (715 chars)

    Welcome to this 3 BR/1.5 bath brick ranch home on a level lot w/ an integral garage w/ convenient alley access to the backyard. Step inside to discover a spacious living room & family room combo complete with a cozy fireplace. The large eat-in kitchen provides ample space for dining & includes access to a convenient mud room & main floor laundry that leads to the back porch. The main level offers 3 inviting bedrooms, 2 of which showcase beautiful hardwood floors (there may be hardwood underneath the carpet in the 3rd BR as well). Full bath on the main floor + 3/4 bath in bsmt along w/ a cozy family rm w/ 2nd fireplace. Call you favorite agent for a private showing. Priced to sell quickly.

12. 2025-12-23
    status Pending 715-char remark

    Show marketing remark (715 chars)

    Welcome to this 3 BR/1.5 bath brick ranch home on a level lot w/ an integral garage w/ convenient alley access to the backyard. Step inside to discover a spacious living room & family room combo complete with a cozy fireplace. The large eat-in kitchen provides ample space for dining & includes access to a convenient mud room & main floor laundry that leads to the back porch. The main level offers 3 inviting bedrooms, 2 of which showcase beautiful hardwood floors (there may be hardwood underneath the carpet in the 3rd BR as well). Full bath on the main floor + 3/4 bath in bsmt along w/ a cozy family rm w/ 2nd fireplace. Call you favorite agent for a private showing. Priced to sell quickly.

13. 2025-12-19
    status Pending
14. 2025-11-25
    listed $105,000 Active 715-char remark

    Show marketing remark (715 chars)

    Welcome to this 3 BR/1.5 bath brick ranch home on a level lot w/ an integral garage w/ convenient alley access to the backyard. Step inside to discover a spacious living room & family room combo complete with a cozy fireplace. The large eat-in kitchen provides ample space for dining & includes access to a convenient mud room & main floor laundry that leads to the back porch. The main level offers 3 inviting bedrooms, 2 of which showcase beautiful hardwood floors (there may be hardwood underneath the carpet in the 3rd BR as well). Full bath on the main floor + 3/4 bath in bsmt along w/ a cozy family rm w/ 2nd fireplace. Call you favorite agent for a private showing. Priced to sell quickly.

15. 2025-11-24
    listed $105,000 Active
16. 2008-09-19
    soldstatus $85,000
17. 1999-07-08
    soldstatus $27,735

ⓘ 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: $747 · $62/mo
• Projected year-2 tax: $747 · $62/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 8/10 Severe FEMA zone X (unshaded) · 77% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 4/10 Moderate 8 d/yr ≥97°F today · 21 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: $15,301
• − Mortgage interest: −$5,882
• − Property taxes: −$747
• − Insurance: −$1,192
• − Repairs & maintenance: −$1,224
• − Management: −$1,224
• − Depreciation: −$3,055
• Taxable income: $1,978
• Est. tax owed @ 24.0%: −$475
• After-tax cash flow: $3,067/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: Wetzel County Schools
• NCES district ID: 5401560
• Math proficiency: 25% ▼ -11.00%
• Reading proficiency: 33% ▼ -8.00%
• Median HH income: $38,296
• Composite: 24.22/100
• National rank: #7726
• State rank: #36 of 55 in WV

Livability — New Martinsville

• Score: 62/100
• State rank: #176
• US rank: #16097

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: New Martinsville, WV
• County: Wetzel · 7,715 people
• Population (ZIP): 7,715
• Household income: $54,747
• Rent vs Own: 18.3% rent · 81.7% own
• Severe rent burden: 7.8

Population outlook (Wetzel County) Hauer SSP2

• Today (2025): 14,127 people
• By 2030: 13,248 · -6.2%
• By 2040: 11,611 · -17.8%
• By 2050: 10,193 · -27.8%
• By 2075: 7,753 · -45.1%
• By 2100: 5,922 · -58.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (95%)
• Race & ethnicity: White 95% Two or more races 3%
• Common ancestry: Romanian 3% Slovak 2% Serbian 1%
• Foreign-born: 1% · Canada

Political lean MEDSL · Wetzel

• 2024 margin: Solid R (+55.5) · D 21.0% · R 76.5% · Other 2.5%
• 2008→2024 swing: -49.3pp toward R · 2008: -6.2pp · 2024: -55.5pp
• All cycles: 2024: R+55.5 2020: R+51.8 2016: R+50.3 2012: R+21.6 2008: R+6.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -37.42%
• Current HPI: 144.8976
• Rent YoY: —
• Metro: —
• State GDP YoY: —
• F500 in state: 0

Price history

+278.6% since first listed

17 events — show timeline

• 2026-05-07 Pending — WBOR
• 2026-05-07 Pending — MLSNOW
• 2026-05-07 Listing Removed — MLSNOW
• 2026-04-12 Relisted — WBOR
• 2026-04-12 Relisted — MLSNOW
• 2026-03-16 Pending — WBOR
• 2026-03-16 Pending — MLSNOW
• 2026-03-10 Relisted — MLSNOW
• 2026-02-12 Pending — MLSNOW
• 2026-02-06 Relisted — WBOR
• 2026-02-06 Relisted — MLSNOW
• 2025-12-23 Pending — WBOR
• 2025-12-19 Pending — MLSNOW
• 2025-11-25 Listed $105,000 WBOR
• 2025-11-24 Listed $105,000 MLSNOW
• 2008-09-19 Sold (Public Records) $85,000 Public Records
• 1999-07-08 Sold (Public Records) $27,735 Public Records

Property tax history

+3.6%/yr

Latest (2025): $747 · +6.0% YoY. Source: county tax records.