27 Short St · Malden, WV 25306

$70,000

2 bd · 2.5 ba · 1,664 sqft · SingleFamily public records · 237 Days on market

Built 1948 7,405 sqft lot

---

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
• Appreciation +7.0/10.0
• Rent growth +4.4/5.0
• Schools +2.9/10.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks

New price improvement! This home has lots of potential. Conveniently located with easy access to the interstate and a few minutes drive to downtown Charleston. There are 2 bedrooms on the main level with a full bath. Lower level has 2 bedrooms, with a bath and shower, utility room with washer and dryer. Kitchen is fully equipped. Storage shed outside for more storage. Move-in ready with some TLC and this home can be yours. Home is sold AS IS . Call for appointment today.

Key facts

• Storage shed outside
• 7,405 sq ft lot
• Built 1948

Tags

• EASY ACCESS TO INTERSTATE
• MINUTES TO DOWNTOWN CHARLESTON
• STORAGE SHED OUTSIDE

Property features AI

Exterior

• Parking: Other parking
• Utilities: Public water; Public sewer
• Home design: Single family residence; Residential property
• Construction: Block construction; Composition/Shingle roof
• Exterior features: Porch; Storage

Interior

• Kitchen: Dishwasher, Gas Range, Refrigerator
• Bedrooms: 4 rooms total
• Flooring: Hardwood; Tile; Vinyl
• Bathrooms: 2 full bathrooms; 1 half bathroom
• Heating & cooling: Wall furnace (heating present)
• Interior features: Dishwasher, Gas Range, Refrigerator; Has basement (full); Storage
• Laundry & utility: Storage

What this means for you Summary

Snapshot

• This is a 2-bed/2.5-bath single-family listed at $70k.

Deal economics

• At list price, monthly cash flow is $650 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $70k).
• Recommended offer: $62k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads: area grade B — affects rentability + tenant quality, not the cash-flow math above.
• Kanawha County Schools (suburban): math 29% / reading 40% proficiency, ranked #17 of 55 in WV (top 31%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Malden Elementary School (math 22% / reading 17%, grade F, #350 of 377 statewide, top 95%, 152 students, 0% FRL); Riverside High School (math 17% / reading 47%, grade F, #55 of 110 statewide, top 59%, 1,220 students, 0% FRL) — zoned schools average 0% FRL vs 46% district-wide (46 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: Rents rising fast (+7.6%/yr); 24 active listings in the ZIP; 103 units permitted in Kanawha County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $3k of equity ($484 loan paydown + $3k appreciation (4.0% local appreciation)).
• Kanawha County population projected at -17% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (4.0% appreciation + 7.6% rent growth), your $20k cash investment doubles in ~2 years — after that, you're playing with house money.
• By year 10, paydown + projected appreciation supports a ~$32k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 237 days — a 12% lower offer ($62k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $30k (30%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $40k; list at $70k implies a 75% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $56/mo; built in 1948 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe flood risk; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $61,600 (12.0% below list)

Questions for the listing agent

1. It's been on market 237 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 1948 — 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. 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.
7. 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.
8. 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: 2.15% ✓
• Cap rate: 18.38%
• Cash-on-cash: 43.17%
• DSCR: 2.92
• GRM: 3.9

CMA / ARV

• ARV (on-the-fly): $351,104
• Comps found: 2

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
6612 Roosevelt Ave	0.73mi	3/1.5 (+1)	1,600 (-4%)	12mo	$125,000	$78	40
6601 Kanawha Ave SE	0.70mi	3/3.0 (+1)	1,709 (+3%)	22mo	$360,000	$211	37

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

3.99% appreciation · 7.59% rent growth · sell at horizon

5-year hold

• IRR: 50.8%
• Equity multiple: 4.11×
• Total profit: $60,869
• Equity at exit: $35,450

10-year hold

• IRR: 51.7%
• Equity multiple: 9.55×
• Total profit: $167,621
• Equity at exit: $57,948

Cash invested: $19,600 (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 25306

• Home prices YoY: 2.1%
• Rents YoY: 7.6%
• Active inventory: 24
• Price-to-rent: 3.9×

Monthly cashflow live

• Estimated rent: $1,505 medium
• Mortgage (P&I): −$367
• Tax from tax record: −$87 /mo · $1,046/yr
• Insurance: −$29
• Flood insurance flood zone: −$56 /mo · $666/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$316
• Net cashflow: $650

Break-even live

Break-even rent $682

Max offer price $70,000

Occupancy floor 52%

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: $17,500
• Closing costs: $2,100
• Reserves months: —
• Total cash needed: —

Listing history 22 events

1. 2026-06-19
   days on market $70,000 Active 237 DOM
2. 2026-06-18
   days on market $70,000 Active 236 DOM
3. 2026-06-17
   days on market $70,000 Active 235 DOM
4. 2026-06-16
   days on market $70,000 Active 234 DOM
5. 2026-06-15
   days on market $70,000 Active 233 DOM
6. 2026-06-14
   days on market $70,000 Active 231 DOM
7. 2026-06-12
   days on market $70,000 Active 230 DOM
8. 2026-06-09
   days on market $70,000 Active 227 DOM
9. 2026-06-08
   days on market $70,000 Active 226 DOM
10. 2026-06-07
    days on market $70,000 Active 225 DOM
11. 2026-06-05
    days on market $70,000 Active 222 DOM
12. 2026-06-03
    days on market $70,000 Active 221 DOM
13. 2026-06-02
    days on market $70,000 Active 220 DOM
14. 2026-06-01
    days on market $70,000 Active 219 DOM
15. 2026-05-31
    days on market $70,000 Active 218 DOM
16. 2026-05-30
    days on market $70,000 Active 217 DOM
17. 2026-02-25
    price $70,000
18. 2025-10-26
    listed $99,500 Active
19. 2025-08-19
    price $85,000
20. 2025-07-21
    price $90,000
21. 2025-06-04
    listed $100,000 Active
22. 2000-05-03
    soldstatus $40,000

ⓘ 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: $1,046 · $87/mo
• Projected year-2 tax: $1,046 · $87/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 X (unshaded) · 99% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 5/10 Major 7 d/yr ≥98°F today · 20 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: $18,054
• − Mortgage interest: −$3,921
• − Property taxes: −$1,046
• − Insurance: −$1,016
• − Repairs & maintenance: −$1,444
• − Management: −$1,444
• − Depreciation: −$2,036
• Taxable income: $7,146
• Est. tax owed @ 24.0%: −$1,715
• After-tax cash flow: $6,080/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: Kanawha County Schools
• NCES district ID: 5400600
• Math proficiency: 29% ▼ -13.00%
• Reading proficiency: 40% ▼ -7.00%
• Median HH income: $44,329
• Composite: 29.35/100
• National rank: #6540
• State rank: #17 of 55 in WV

Livability — Malden

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• County: Kanawha County · 33,502 people
• Metro: Charleston, WV
• Population (ZIP): 6,040
• Household income: $71,654
• Rent vs Own: 32.4% rent · 67.6% own
• Severe rent burden: 124.0

Population outlook (Kanawha County) Hauer SSP2

• Today (2025): 178,946 people
• By 2030: 172,906 · -3.4%
• By 2040: 159,874 · -10.7%
• By 2050: 148,148 · -17.2%
• By 2075: 123,257 · -31.1%
• By 2100: 96,454 · -46.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (86%)
• Race & ethnicity: White 86% Black 6% Hispanic / Latino 3% Two or more races 3% Asian 3%
• Common ancestry: Italian 4% Slovak 3% Iranian 1%
• Foreign-born: 3% · Canada
• Languages at home: 97% English-only · Other Asian/Pacific 1% Other Indo-European 1%

Political lean MEDSL · Kanawha

• 2024 margin: R (+17.4) · D 40.2% · R 57.6% · Other 2.2%
• 2008→2024 swing: -17.0pp toward R · 2008: -0.4pp · 2024: -17.4pp
• All cycles: 2024: R+17.4 2020: R+14.7 2016: R+20.6 2012: R+11.9 2008: R+0.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 3.99%
• Current HPI: 195.9623
• Rent YoY: ▲ 7.59%
• Metro: Charleston, WV
• State GDP YoY: —
• F500 in state: 0

Price history

+75.0% since first listed

6 events — show timeline

• 2026-02-25 Price Changed $70,000 KVBOR
• 2025-10-26 Listed $99,500 KVBOR
• 2025-08-19 Price Changed $85,000 KVBOR
• 2025-07-21 Price Changed $90,000 KVBOR
• 2025-06-04 Listed $100,000 KVBOR
• 2000-05-03 Sold (Public Records) $40,000 Public Records

Property tax history

+8.9%/yr

Latest (2025): $1,046 · -0.3% YoY. Source: county tax records.