103 Lexington WayMorgantownPA19543
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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 103 Lexington Way, Morgantown, PA, 19543 with 5% annual appreciation on a $276,000 basis while $2,377/mo rent supports operations. Total monthly income totals $2,377/mo and a $1,351/mo payment preserves $268/mo for cash returns. Annual cash flow comes to $3,220/yr on $91,494 deployed, and return on cash invested reaches 23.43% in year one. Equity gained on principal adds $1,781/yr, and five-year appreciation sums $76,254 alongside rental yield of 10.33%. Five-year ROI measures 123.64% and total cumulative return in cash totals $113,125.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,377/mo property income versus a $1,351/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1989
0.25 Acres lot
$N/A/sqft
$300 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19543, Morgantown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,165 (100%) |
| Owner Occupied HU | 1,735 (80.1%) |
| Renter Occupied HU | 367 (17.0%) |
| Vacant Housing Units | 63 ( 2.9%) |
| Median Home Value | $356,599 |
| Average Home Value | $395,824 |
Housing Distribution
Address Breakdown
Residential
2,087
Single Family
2,087
Multi-Family
0
Businesses
219
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