11 W Park AveWestoverWV26501
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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 Westover at 11 W Park Ave, Westover, WV, 26501 priced at $269,000 pairs $2,454/mo rent with $897/mo cash flow after a $1,317/mo payment. Total monthly income equals $2,454/mo, and annual cash flow comes to $10,766/yr on $89,174 invested. Return on cash invested is 31.98% in year one, and rental yield stands at 10.95% on a $269,000 basis. Equity gained on principal adds $1,736/yr, and 5% annual appreciation accumulates to $74,320 by year five. Five-year ROI measures 167.11% and total cumulative return in cash reaches $149,015. For financing, Ziffy Mortgage’s DSCR program evaluates $2,454/mo property income against a $1,317/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1930
3,598 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26501, Morgantown, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,898 (100%) |
| Owner Occupied HU | 5,659 (57.2%) |
| Renter Occupied HU | 3,294 (33.3%) |
| Vacant Housing Units | 945 ( 9.5%) |
| Median Home Value | $229,353 |
| Average Home Value | $275,429 |
Housing Distribution
Address Breakdown
Residential
9,296
Single Family
8,727
Multi-Family
569
Businesses
796
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Listed by: KRISTEN BARBOUR • BLUE SKY REALTY, LLC
Mls Name: NCWV REIN
Mls ID: #10162275