10 Banner PlMorgantownWV26508
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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
Investment property for sale in Morgantown at 10 Banner Pl, Morgantown, WV, 26508 listed at $397,500 pairs $3,194/mo rent with a $1,946/mo payment to leave $827/mo cash flow. Total monthly income runs $3,194/mo, and annual cash flow reaches $9,923/yr on $131,771 cash to close. Return on cash invested measures 27.44% in year one, and rental yield registers 9.64% at a $397,500 basis. Equity gained on principal adds $2,565/yr, and annual property appreciation at 5% supports $109,822 by year five. Five-year ROI tracks 142.9% and total cumulative return in cash totals $188,303. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,194/mo property income relative to a $1,946/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2011
6,534 sqft lot
$N/A/sqft
$800 annually 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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Nearby investment properties with comparable prices
Listed by: Matthew Veith • HOWARD HANNA
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10157125
Disclaimer: Data provided by North Central WV Real Estate Information Network, Inc. IDX information is provided exclusively for consumers personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information last updated on 2025-02-18 06:13:40 PST