1055 Canyon RdMorgantownWV26508
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1055 Canyon Rd, Morgantown, WV, 26508 uses $60,432 cash to close to unlock $15,360/yr annual cash flow and $1,280/mo monthly cash flow. Total monthly income runs $2,345/mo, and a $892/mo payment keeps the spread at $1,280/mo. Purchase price stands at $182,300, and rental yield measures 15.44% with $2,345/mo rent. Return on cash invested shows 45.33% in year one, and 5% annual appreciation builds toward $50,366 over five years. Five-year ROI reaches 238.67% and total cumulative return in cash records $144,235. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,345/mo property income covering a $892/mo payment rather than investor’s personal income.
Single Family
Built in 2006
0.40 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A