3391 Henson · Point Pleasant, WV 45631

$67,500

3 bd · 1.0 ba · 1,248 sqft · SingleFamily public records · 281 Days on market

Built 1900 0.38 ac lot

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +3.6/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Fantastic investment opportunity with two duplexes overlooking the river! The first duplex has been completely renovated inside and features an attached, enclosed covered porch-perfect for enjoying the tranquil river view. The second duplex has begun renovations, with materials already on-site to finish a studio apartment. Both units have their own private entrances for convenience and privacy. Recent updates include a new roof, adding long-term value and peace of mind. With one property ready to generate income immediately and the other offering the chance to finish and customize, this is the ideal setup for investors, short-term rentals, or owner-occupants seeking supplemental income. Enjoy the combination of modern updates, river views, and future potential all in one package! CASH-As-IS and ready to move :)

Key facts

• Private entrances
• New roof
• 0.38 acre lot

Tags

• DUPLEXES OVERLOOKING THE RIVER
• COMPLETELY RENOVATED INSIDE
• PRIVATE ENTRANCES
• NEW ROOF

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $68k.

Deal economics

• At list price, monthly cash flow is $147 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $68k).
• Recommended offer: $59k (12.0% below list) — sets the bar for market timing.
• Cap rate 16.5% vs local median 6.1% in Point Pleasant — 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 67/100 on livability (#95 in WV) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A; Watch: health & safety C-, employment D, schools F.
• Gallia County Local (rural): math 37% / reading 49% proficiency, ranked #521 of 656 in OH (top 79%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 10 units permitted in Gallia County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $467 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Gallia County population projected at -24% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 281 days — a 12% lower offer ($59k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts; this cycle's ask has dropped $42k (39%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $12k; list at $68k implies a 462% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo; built in 1900 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $59,400 (12.0% below list)

Questions for the listing agent

1. It's been on market 281 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1900 — 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 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?
7. This sits on a lake — are riparian / water-frontage rights deeded with the parcel? Any dock permits, shoreline easements, or HOA water-use restrictions?
8. What's the documented flood / surge / shoreline-erosion history here (FEMA AND non-FEMA — e.g., storm surge, creek backup, septic-field saturation)?
9. Any water-quality or seasonal algae-bloom issues that affect tenant satisfaction or short-term-rental demand?
10. 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.
11. 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.
12. 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: 1.88% ✓
• Cap rate: 16.49%
• Cash-on-cash: 36.41%
• DSCR: 2.62
• GRM: 4.4

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -1.8%
• Equity multiple: 0.93×
• Total profit: $-1,324
• Equity at exit: $10,064

10-year hold

• IRR: 8.2%
• Equity multiple: 1.63×
• Total profit: $11,940
• Equity at exit: $5,836

Cash invested: $18,900 (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 45631

• Home prices YoY: -8.6%
• Price-to-rent: 4.4×

Monthly cashflow live

• Estimated rent: $1,267 medium
• Mortgage (P&I): −$354
• Tax from tax record: −$45 /mo · $544/yr
• Insurance: −$28
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$266
• Net cashflow: $147

Break-even live

Break-even rent $1,081

Max offer price $67,500

Occupancy floor 83%

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: $16,875
• Closing costs: $2,025
• Reserves months: —
• Total cash needed: —

Listing history 22 events

1. 2026-06-18
   days on market $67,500 Active 281 DOM
2. 2026-06-17
   days on market $67,500 Active 280 DOM
3. 2026-06-16
   days on market $67,500 Active 279 DOM
4. 2026-06-15
   days on market $67,500 Active 278 DOM
5. 2026-06-13
   days on market $67,500 Active 276 DOM
6. 2026-06-12
   days on market $67,500 Active 275 DOM
7. 2026-06-09
   days on market $67,500 Active 272 DOM
8. 2026-06-08
   days on market $67,500 Active 271 DOM
9. 2026-06-08
   days on market $67,500 Active 270 DOM
10. 2026-06-07
    days on market $67,500 Active 269 DOM
11. 2026-06-04
    days on market $67,500 Active 266 DOM
12. 2026-06-02
    days on market $67,500 Active 265 DOM
13. 2026-06-01
    days on market $67,500 Active 264 DOM
14. 2026-05-31
    days on market $67,500 Active 263 DOM
15. 2026-04-16
    status Active 822-char remark

    Show marketing remark (822 chars)

    Fantastic investment opportunity with two duplexes overlooking the river! The first duplex has been completely renovated inside and features an attached, enclosed covered porch-perfect for enjoying the tranquil river view. The second duplex has begun renovations, with materials already on-site to finish a studio apartment. Both units have their own private entrances for convenience and privacy. Recent updates include a new roof, adding long-term value and peace of mind. With one property ready to generate income immediately and the other offering the chance to finish and customize, this is the ideal setup for investors, short-term rentals, or owner-occupants seeking supplemental income. Enjoy the combination of modern updates, river views, and future potential all in one package! CASH-As-IS and ready to move :)

16. 2026-04-16
    price $72,000 822-char remark

    Show marketing remark (822 chars)

    Fantastic investment opportunity with two duplexes overlooking the river! The first duplex has been completely renovated inside and features an attached, enclosed covered porch-perfect for enjoying the tranquil river view. The second duplex has begun renovations, with materials already on-site to finish a studio apartment. Both units have their own private entrances for convenience and privacy. Recent updates include a new roof, adding long-term value and peace of mind. With one property ready to generate income immediately and the other offering the chance to finish and customize, this is the ideal setup for investors, short-term rentals, or owner-occupants seeking supplemental income. Enjoy the combination of modern updates, river views, and future potential all in one package! CASH-As-IS and ready to move :)

17. 2026-03-26
    historical Active Under Contract 822-char remark

    Show marketing remark (822 chars)

    Fantastic investment opportunity with two duplexes overlooking the river! The first duplex has been completely renovated inside and features an attached, enclosed covered porch-perfect for enjoying the tranquil river view. The second duplex has begun renovations, with materials already on-site to finish a studio apartment. Both units have their own private entrances for convenience and privacy. Recent updates include a new roof, adding long-term value and peace of mind. With one property ready to generate income immediately and the other offering the chance to finish and customize, this is the ideal setup for investors, short-term rentals, or owner-occupants seeking supplemental income. Enjoy the combination of modern updates, river views, and future potential all in one package! CASH-As-IS and ready to move :)

18. 2026-02-12
    status Active 822-char remark

    Show marketing remark (822 chars)

    Fantastic investment opportunity with two duplexes overlooking the river! The first duplex has been completely renovated inside and features an attached, enclosed covered porch-perfect for enjoying the tranquil river view. The second duplex has begun renovations, with materials already on-site to finish a studio apartment. Both units have their own private entrances for convenience and privacy. Recent updates include a new roof, adding long-term value and peace of mind. With one property ready to generate income immediately and the other offering the chance to finish and customize, this is the ideal setup for investors, short-term rentals, or owner-occupants seeking supplemental income. Enjoy the combination of modern updates, river views, and future potential all in one package! CASH-As-IS and ready to move :)

19. 2026-02-12
    price $85,500 822-char remark

    Show marketing remark (822 chars)

    Fantastic investment opportunity with two duplexes overlooking the river! The first duplex has been completely renovated inside and features an attached, enclosed covered porch-perfect for enjoying the tranquil river view. The second duplex has begun renovations, with materials already on-site to finish a studio apartment. Both units have their own private entrances for convenience and privacy. Recent updates include a new roof, adding long-term value and peace of mind. With one property ready to generate income immediately and the other offering the chance to finish and customize, this is the ideal setup for investors, short-term rentals, or owner-occupants seeking supplemental income. Enjoy the combination of modern updates, river views, and future potential all in one package! CASH-As-IS and ready to move :)

20. 2026-01-13
    price $89,900 822-char remark

    Show marketing remark (822 chars)

    Fantastic investment opportunity with two duplexes overlooking the river! The first duplex has been completely renovated inside and features an attached, enclosed covered porch-perfect for enjoying the tranquil river view. The second duplex has begun renovations, with materials already on-site to finish a studio apartment. Both units have their own private entrances for convenience and privacy. Recent updates include a new roof, adding long-term value and peace of mind. With one property ready to generate income immediately and the other offering the chance to finish and customize, this is the ideal setup for investors, short-term rentals, or owner-occupants seeking supplemental income. Enjoy the combination of modern updates, river views, and future potential all in one package! CASH-As-IS and ready to move :)

21. 2025-09-08
    listed $110,000 Active 822-char remark

    Show marketing remark (822 chars)

    Fantastic investment opportunity with two duplexes overlooking the river! The first duplex has been completely renovated inside and features an attached, enclosed covered porch-perfect for enjoying the tranquil river view. The second duplex has begun renovations, with materials already on-site to finish a studio apartment. Both units have their own private entrances for convenience and privacy. Recent updates include a new roof, adding long-term value and peace of mind. With one property ready to generate income immediately and the other offering the chance to finish and customize, this is the ideal setup for investors, short-term rentals, or owner-occupants seeking supplemental income. Enjoy the combination of modern updates, river views, and future potential all in one package! CASH-As-IS and ready to move :)

22. 1996-06-17
    soldstatus $12,000

ⓘ 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: $544 · $45/mo
• Projected year-2 tax: $544 · $45/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 9/10 Extreme FEMA zone AE · 99% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 4/10 Moderate 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: $15,204
• − Mortgage interest: −$3,781
• − Property taxes: −$544
• − Insurance: −$5,456
• − Repairs & maintenance: −$1,216
• − Management: −$1,216
• − Depreciation: −$1,964
• Taxable income: $1,026
• Est. tax owed @ 24.0%: −$246
• After-tax cash flow: $1,517/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: Gallia County Local
• NCES district ID: 3906568
• Math proficiency: 37% ▼ -18.00%
• Reading proficiency: 49% ▼ -7.00%
• Median HH income: $39,987
• Composite: 35.98/100
• National rank: #4794
• State rank: #521 of 656 in OH

Livability — Point Pleasant

• Score: 67/100
• State rank: #95
• US rank: #10881

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Gallia
• Population (ZIP): 12,669
• Household income: $54,772
• Rent vs Own: 28.4% rent · 71.6% own
• Severe rent burden: 9.1

Population outlook (Gallia County) Hauer SSP2

• Today (2025): 27,936 people
• By 2030: 26,605 · -4.8%
• By 2040: 23,876 · -14.5%
• By 2050: 21,336 · -23.6%
• By 2075: 16,414 · -41.2%
• By 2100: 13,192 · -52.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (92%)
• Race & ethnicity: White 92% Two or more races 3% Black 3% Hispanic / Latino 1%
• Common ancestry: Slovak 3% Lithuanian 3% Italian 1%
• Foreign-born: 1%
• Languages at home: 97% English-only · Spanish 1% German/W. Germanic 1%

Political lean MEDSL · Gallia

• 2024 margin: Solid R (+59.4) · D 19.9% · R 79.3%
• 2008→2024 swing: -33.3pp toward R · 2008: -26.1pp · 2024: -59.4pp
• All cycles: 2024: R+59.4 2020: R+55.5 2016: R+55.6 2012: R+26.2 2008: R+26.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -19.11%
• Current HPI: 203.6153
• Rent YoY: —
• Metro: —
• State GDP YoY: —
• F500 in state: 0

Price history

+500.0% since first listed

8 events — show timeline

• 2026-04-16 Relisted — ACBOR
• 2026-04-16 Price Changed $72,000 ACBOR
• 2026-03-26 Contingent — ACBOR
• 2026-02-12 Relisted — ACBOR
• 2026-02-12 Price Changed $85,500 ACBOR
• 2026-01-13 Price Changed $89,900 ACBOR
• 2025-09-08 Listed $110,000 ACBOR
• 1996-06-17 Sold (Public Records) $12,000 Public Records

Property tax history

-10.0%/yr

Latest (2025): $544 · -0.0% YoY. Source: county tax records.