107 Grant St · Beckley, WV 25801

$125,000

3 bd · 1.5 ba · 1,144 sqft · SingleFamily public records · 62 Days on market

Built 1960 7,501 sqft lot Est $126k · at est.

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Why this score? — see what drove the C 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 +24.7/30.0
• DSCR +8.0/10.0
• ARV discount +7.8/15.0
• 1% rule +5.5/10.0
• Rent growth +3.6/5.0
• Schools +3.0/10.0
• Livability +3.0/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Great bones! This fixer has lots of potential. This home has hardwood floors, a great layout, a full basement with a bathroom. The bones seem solid and seemingly needs cosmetic enhancements!

Key facts

• Huge full basement
• Outdoor oasis
• 7,501 sq ft lot

Tags

• HUGE FULL BASEMENT
• OUTDOOR OASIS

Property features AI

Finance

• HOA & community: Has homeowners association

Exterior

• Parking: Has garage; Other parking features
• Utilities: Public water; Public sewer
• Home design: Residential property; Two levels
• Construction: Asphalt roof; Other construction materials; Full basement
• Exterior features: Other exterior features; Has view; Level lot

Interior

• Kitchen: Refrigerator
• Flooring: Wood flooring
• Bathrooms: 1 full bathroom
• Heating & cooling: Natural gas heating; Has cooling
• Interior features: Eat-in kitchen; Other interior features
• Laundry & utility: Electric water heater

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $125k.

Deal economics

• At list price, monthly cash flow is $262 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $125k).
• Recommended offer: $118k (6.0% below list) — sets the bar for market timing.
• Cap rate 8.8% vs local median 7.0% in Beckley — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 59/100 on livability (#235 in WV) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A-; Watch: employment D, crime F, amenities F.
• Raleigh County Schools (rural): math 29% / reading 42% proficiency, ranked #14 of 55 in WV (top 26%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Beckley Elementary (math 17% / reading 22%, grade F, #350 of 377 statewide, top 95%, 320 students, 0% FRL); Beckley-Stratton Middle School (math 14% / reading 27%, grade F, #102 of 109 statewide, top 94%, 674 students, 0% FRL); Woodrow Wilson High School (math 24% / reading 56%, grade F, #20 of 110 statewide, top 17%, 1,330 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 (+4.2%/yr); 112 active listings in the ZIP; 41 units permitted in Raleigh County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $864 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Raleigh County population projected at -16% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 4.2% rent growth), your $35k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 62 days — a 6% lower offer ($118k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 2y ago; this cycle's ask has dropped $15k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $35k; list at $125k implies a 257% gain — meaningful room to come down on a strong offer.

Recommended offer $117,500 (6.0% below list)

Questions for the listing agent

1. It's been on market 62 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1960 — 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 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?
6. Crime grade is F 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?
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: 1.05% ✓
• Cap rate: 8.81%
• Cash-on-cash: 9.00%
• DSCR: 1.40
• GRM: 7.9

CMA / ARV

• ARV (on-the-fly): $125,840
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
305 Westmoreland St	0.12mi	3/2.0	1,200 (+5%)	8mo	$86,000	$72	77
205 Kentucky Ave	0.15mi	3/2.5	1,075 (-6%)	5mo	$145,000	$135	75
130 Burton	0.43mi	2/2.0 (-1)	1,148 (+0%)	13mo	$70,928	$62	62
108 Lee St	0.37mi	2/1.0 (-1)	1,050 (-8%)	3mo	$115,000	$110	60
207 E C St	0.47mi	2/1.0 (-1)	1,074 (-6%)	3mo	$118,000	$110	58
907 Woodlawn Ave	0.25mi	3/1.5	1,313 (+15%)	8mo	$167,000	$127	57
302 Massey St	0.63mi	3/2.0	1,200 (+5%)	10mo	$224,900	$187	52
513 Temple St	0.68mi	3/1.0	1,045 (-9%)	2mo	$82,000	$78	50
501 Russell St	0.72mi	3/2.0	1,191 (+4%)	10mo	$202,200	$170	50
116 Clyde St	0.55mi	3/1.0	1,283 (+12%)	4mo	$33,000	$26	48
112 Cannaday St	0.54mi	3/1.0	1,025 (-10%)	12mo	$15,000	$15	46
124 Clayton Ave	0.75mi	4/1.0 (+1)	1,075 (-6%)	6mo	$145,000	$135	43

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 · 4.25% rent growth · sell at horizon

5-year hold

• IRR: -1.4%
• Equity multiple: 0.95×
• Total profit: $-1,911
• Equity at exit: $18,638

10-year hold

• IRR: 9.4%
• Equity multiple: 1.76×
• Total profit: $26,735
• Equity at exit: $10,808

Cash invested: $35,000 (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 25801

• Home prices YoY: -17.8%
• Rents YoY: 4.2%
• Active inventory: 112
• Price-to-rent: 7.9×

Monthly cashflow live

• Estimated rent: $1,311 medium
• Mortgage (P&I): −$656
• Tax from tax record: −$66 /mo · $791/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$275
• Net cashflow: $262

Break-even live

Break-even rent $979

Max offer price $125,000

Occupancy floor 75%

Sensitivity live

Price	-10% $333	-5% $298	+0% $262	+5% $227	+10% $192
Rent	-10% $159	-5% $211	+0% $262	+5% $314	+10% $366
Rate	-1.0pp $325	-0.5pp $294	base $262	+0.5pp $230	+1.0pp $197

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: $31,250
• Closing costs: $3,750
• Reserves months: —
• Total cash needed: —

Listing history 22 events

1. 2026-06-19
   days on market $125,000 Active 62 DOM
2. 2026-06-18
   days on market $125,000 Active 61 DOM
3. 2026-06-17
   days on market $125,000 Active 60 DOM
4. 2026-06-16
   days on market $125,000 Active 59 DOM
5. 2026-06-15
   days on market $125,000 Active 58 DOM
6. 2026-06-14
   days on market $125,000 Active 56 DOM
7. 2026-06-12
   days on market $125,000 Active 55 DOM
8. 2026-06-09
   days on market $125,000 Active 52 DOM
9. 2026-06-09
   price $125,000 Active 51 DOM
10. 2026-06-08
    days on market $129,000 Active 51 DOM
11. 2026-06-07
    days on market $129,000 Active 50 DOM
12. 2026-06-03
    days on market $129,000 Active 46 DOM
13. 2026-06-02
    days on market $129,000 Active 45 DOM
14. 2026-06-01
    days on market $129,000 Active 44 DOM
15. 2026-05-31
    days on market $129,000 Active 43 DOM
16. 2026-05-30
    days on market $129,000 Active 42 DOM
17. 2026-04-28
    price $134,000
18. 2026-04-28
    price $124,000
19. 2026-04-22
    price $129,900
20. 2026-04-18
    listed $139,900 Active
21. 2024-08-20
    soldstatus $35,000 191-char remark

    Show marketing remark (191 chars)

    Great bones! This fixer has lots of potential. This home has hardwood floors, a great layout, a full basement with a bathroom. The bones seem solid and seemingly needs cosmetic enhancements!

22. 2024-07-03
    listed $49,000 191-char remark

    Show marketing remark (191 chars)

    Great bones! This fixer has lots of potential. This home has hardwood floors, a great layout, a full basement with a bathroom. The bones seem solid and seemingly needs cosmetic enhancements!

ⓘ 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: $791 · $66/mo
• Projected year-2 tax: $791 · $66/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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 3/10 Moderate 7 d/yr ≥91°F today · 21 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,735
• − Mortgage interest: −$7,002
• − Property taxes: −$791
• − Insurance: −$625
• − Repairs & maintenance: −$1,259
• − Management: −$1,259
• − Depreciation: −$3,636
• Taxable income: $1,163
• Est. tax owed @ 24.0%: −$279
• After-tax cash flow: $2,869/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: Raleigh County Schools
• NCES district ID: 5401230
• Math proficiency: 29% ▼ -8.00%
• Reading proficiency: 42% ▼ -3.00%
• Median HH income: $39,828
• Composite: 29.74/100
• National rank: #6445
• State rank: #14 of 55 in WV

Livability — Beckley

• Score: 59/100
• State rank: #235
• US rank: #20551

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Beckley, WV
• County: Raleigh County · 31,128 people
• City population: 31,128
• Metro: Beckley, WV
• Population (ZIP): 31,128
• Household income: $56,836
• Rent vs Own: 33.1% rent · 66.9% own
• Severe rent burden: 1384.0

Population outlook (Raleigh County) Hauer SSP2

• Today (2025): 73,505 people
• By 2030: 70,954 · -3.5%
• By 2040: 66,038 · -10.2%
• By 2050: 61,919 · -15.8%
• By 2075: 51,954 · -29.3%
• By 2100: 39,724 · -46.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (81%)
• Race & ethnicity: White 81% Black 10% Two or more races 7% Hispanic / Latino 2% Asian 2%
• Common ancestry: Slovak 2% Italian 1% Lithuanian 1%
• Foreign-born: 2% · Canada
• Languages at home: 96% English-only · Spanish 2% Other Indo-European 1%

Political lean MEDSL · Raleigh

• 2024 margin: Solid R (+54.3) · D 22.0% · R 76.3% · Other 1.6%
• 2008→2024 swing: -28.5pp toward R · 2008: -25.9pp · 2024: -54.3pp
• All cycles: 2024: R+54.3 2020: R+50.4 2016: R+52.8 2012: R+44.6 2008: R+25.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -45.60%
• Current HPI: 210.0114
• Rent YoY: ▲ 4.25%
• Metro: Beckley, WV
• State GDP YoY: —
• F500 in state: 0

Price history

+173.5% since first listed

6 events — show timeline

• 2026-04-28 Price Changed $134,000 BBOR
• 2026-04-28 Price Changed $124,000 BBOR
• 2026-04-22 Price Changed $129,900 BBOR
• 2026-04-18 Listed $139,900 BBOR
• 2024-08-20 Sold (MLS) $35,000 BBOR
• 2024-07-03 Listed $49,000 BBOR

Property tax history

+2.3%/yr

Latest (2025): $791 · +15.4% YoY. Source: county tax records.