115 Canto 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
Investment property for sale in Morgantown at 115 Canto Dr, Morgantown, WV, 26508 listed at $364,560 pairs $2,692/mo rent with a $1,784/mo payment to leave $583/mo cash flow. Total monthly income runs $2,692/mo, and annual cash flow reaches $6,995/yr on $120,852 cash to close. Return on cash invested measures 25.7% in year one, and rental yield registers 8.86% at a $364,560 basis. Equity gained on principal adds $2,352/yr, and annual property appreciation at 5% supports $100,721 by year five. Five-year ROI tracks 133.34% and total cumulative return in cash totals $161,149. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,692/mo property income relative to a $1,784/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2020
8,276 sqft 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: CHERI GRIGSBY • BERKSHIRE HATHAWAY HOMESERVICES TOUCHDOWN HOME PROS REALTY
Mls Name: NCWV REIN
Mls ID: #10162589