1 Lafollette DrMorgantownWV26508
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Morgantown at 1 Lafollette Dr, Morgantown, WV, 26508 generates $2,470/mo in rent and, after a $1,301/mo payment, leaves $932/mo in cash flow. Total monthly income is $2,470/mo, and annual cash flow is $11,183/yr on $88,146 invested. Return on cash invested sits at 32.6% in year one, and rental yield is 11.15% on a $265,900 entry. Equity gained on principal adds $1,716/yr, while 5% annual appreciation builds toward $73,463 over five years. Five-year ROI reaches 170.33% and total cumulative return in cash sums $150,142. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,470/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
4,752 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26508, Morgantown, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,768 (100%) |
| Owner Occupied HU | 11,688 (65.8%) |
| Renter Occupied HU | 4,392 (24.7%) |
| Vacant Housing Units | 1,688 ( 9.5%) |
| Median Home Value | $320,556 |
| Average Home Value | $366,369 |
Housing Distribution
Address Breakdown
Residential
16,335
Single Family
15,096
Multi-Family
1,239
Businesses
692
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Listed by: KATRINA BONFILI • DANG & CO.
Mls Name: NCWV REIN
Mls ID: #10160768