110 Summit Woods 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 110 Summit Woods Dr, Morgantown, WV, 26508 priced at $510,000 pairs $3,070/mo rent with $36/mo cash flow after a $2,496/mo payment. Total monthly income equals $3,070/mo, and annual cash flow comes to $431/yr on $167,790 invested. Return on cash invested is 20.32% in year one, and rental yield stands at 7.22% on a $510,000 basis. Equity gained on principal adds $3,291/yr, and 5% annual appreciation accumulates to $140,904 by year five. Five-year ROI measures 104.68% and total cumulative return in cash reaches $175,635. For financing, Ziffy Mortgage’s DSCR program evaluates $3,070/mo property income against a $2,496/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2018
0.29 Acres lot
$N/A/sqft
$1,000 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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Listed by: Michelle Oates Duda • COMPASS REALTY GROUP
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10159261
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 2025-10-10 23:35:18 PDT