4420 14th Ave · Parkersburg, WV 26101

$105,000

4 bd · 1.0 ba · 1,705 sqft · SingleFamily public records · 9 Days on market

Built 1935 6,970 ac lot Est $155k · 32% 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 +28.8/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +6.9/10.0
• 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 MLS

New furnace in 2005,Seperate lot 45x140 on corner, could be good building spot. Elem: Martin Elementary School Elem/Bus: N JrHigh: Edison Jr. High School JrHigh/Bus: N High: Parkersburg South High High/Bus: Y Fire: CIT Police: CTY ; SQFT=Fin L1:1286, Fin L2:426, Fin Above:1712, Fin Total:1712;GAR= 1 Car Det

Key facts

• 6969.6 acre lot
• 2 garage spots
• Built 1935

Property features AI

Finance

• Other: Pets allowed (dogs OK)

Exterior

• Parking: Attached side-entry garage with 2 spaces
• Utilities: Public water; Public sewer; Municipal trash service
• Home design: Fee simple ownership; Above-grade finished living area (estimated); Above- and below-grade structures noted
• Construction: Brick and vinyl siding construction
• Exterior features: No tidal water

Interior

• Kitchen: Dishwasher; Refrigerator
• Bedrooms: 2 bedrooms on the main level
• Bathrooms: 1 full bathroom on the main level
• Heating & cooling: Electric cooling (other type); Other heating (other fuel)
• Interior features: Unfinished basement; Estimated living area
• Laundry & utility: Washer; Dryer; Electric hot water

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $105k.

Deal economics

• At list price, monthly cash flow is $353 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $105k).
• Cap rate 10.3% 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+, commute F, employment 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.
• Zoned schools: Martin Elementary School (math 22% / reading 27%, grade F, #287 of 377 statewide, top 85%, 207 students, 0% FRL); Edison Middle School (math 33% / reading 48%, grade F, #16 of 109 statewide, top 16%, 575 students, 0% FRL); Parkersburg South High School (math 28% / reading 49%, grade F, #30 of 110 statewide, top 27%, 1,454 students, 0% FRL) — zoned schools average 0% FRL vs 47% district-wide (47 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: 148 active listings in the ZIP; 124 units permitted in Wood County in 2024 (33 in 5+ unit buildings).
• This rent runs 31% 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 $726 of loan paydown is wiped out by about $3k 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.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $29k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• Only 9 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 19y ago 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 $55k; list at $105k implies a 90% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1935 — 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 $105,000

Questions for the listing agent

1. Built in 1935 — 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: 1.19% ✓
• Cap rate: 10.33%
• Cash-on-cash: 14.40%
• DSCR: 1.64
• GRM: 7.0

CMA / ARV

• ARV (on-the-fly): $155,155
• Comps found: 7

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1902 26th Ave	0.35mi	4/2.0	1,734 (+2%)	11mo	$237,000	$137	68
4313 11th Ave	0.27mi	3/3.0 (-1)	1,672 (-2%)	6mo	$215,000	$129	66
1803 Erie St	0.20mi	3/1.0 (-1)	1,456 (-15%)	2mo	$248,000	$170	59
4003 11th Ave	0.54mi	3/1.5 (-1)	1,772 (+4%)	19mo	$150,000	$85	45
1509 Wilbur St	0.56mi	3/1.0 (-1)	1,536 (-10%)	9mo	$133,900	$87	45
4010 11th Ave	0.50mi	4/2.0	1,504 (-12%)	10mo	$130,000	$86	44
1621 Pike St	0.62mi	3/2.0 (-1)	1,520 (-11%)	12mo	$138,000	$91	34

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: 4.8%
• Equity multiple: 1.18×
• Total profit: $5,421
• Equity at exit: $15,656

10-year hold

• IRR: 14.2%
• Equity multiple: 2.14×
• Total profit: $33,507
• 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 26101

• Home prices YoY: -27.3%
• Active inventory: 148
• Price-to-rent: 7.0×

Monthly cashflow live

• Estimated rent: $1,250 medium
• Mortgage (P&I): −$551
• Tax from tax record: −$40 /mo · $479/yr
• Insurance: −$44
• HOA: −$0
• Vacancy / Maint / Mgmt: −$262
• Net cashflow: $353

Break-even live

Break-even rent $803

Max offer price $105,000

Occupancy floor 67%

Sensitivity live

Price	-10% $412	-5% $383	+0% $353	+5% $323	+10% $293
Rent	-10% $254	-5% $303	+0% $353	+5% $402	+10% $452
Rate	-1.0pp $406	-0.5pp $380	base $353	+0.5pp $326	+1.0pp $298

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 8 events

1. 2026-06-21
   days on market $105,000 Active 9 DOM
2. 2026-06-19
   days on market $105,000 Active 7 DOM
3. 2026-06-18
   days on market $105,000 Active 6 DOM
4. 2026-06-17
   days on market $105,000 Active 5 DOM
5. 2026-06-16
   days on market $105,000 Active 4 DOM
6. 2026-06-15
   days on market $105,000 Active 3 DOM
7. 2026-06-13
   remarks 277-char remark
8. 2026-06-13
   listed $105,000 Active 1 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: $479 · $40/mo
• Projected year-2 tax: $620 · $52/mo
• Expected delta: +$140/yr (+$12/mo · 29.2%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 3/10 Moderate FEMA zone X (unshaded) · 16% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 5/10 Major 7 d/yr ≥101°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: $14,995
• − Mortgage interest: −$5,882
• − Property taxes: −$479
• − Insurance: −$525
• − Repairs & maintenance: −$1,200
• − Management: −$1,200
• − Depreciation: −$3,055
• Taxable income: $2,655
• Est. tax owed @ 24.0%: −$637
• After-tax cash flow: $3,597/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

+75.3% since first listed

6 events — show timeline

• 2026-06-12 Listed $105,000 BRIGHT MLS
• 2026-05-10 Listing Removed — MLSNOW
• 2026-04-02 Listed $99,000 MLSNOW
• 2007-10-23 Sold (Public Records) $55,300 Public Records
• 2007-10-11 Sold (MLS) $55,000 MLSNOW
• 2007-08-14 Listed $59,900 MLSNOW

Property tax history

+7.3%/yr

Latest (2025): $479 · +11.8% YoY. Source: county tax records.