113 Cadet CtMorgantownWV26508
Nearby investment properties with comparable rents
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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 113 Cadet Ct, Morgantown, WV, 26508 earns $714/mo cash flow from $2,623/mo rent with a $1,615/mo payment. Total monthly income totals $2,623/mo, and annual cash flow totals $8,565/yr on $109,395 capital. ROI tracks 27.74% on current figures, and rental yield reads 9.54% at a $330,000 purchase. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,173 over five years. Five-year ROI reaches 144.3% and total cumulative return in cash sums $157,859. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,623/mo property income instead of your personal income.
Townhouse
Built in 2002
N/A 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
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Listed by: JEFFREY GOFF • OLD COLONY, REALTORS
Mls Name: NCWV REIN
Mls ID: #10161559