1230 Van Voorhis Rd APT E7MorgantownWV26505
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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 1230 Van Voorhis Rd APT E7, Morgantown, WV, 26505 uses $74,919 cash to close to unlock $1,679/yr annual cash flow and $140/mo monthly cash flow. Total monthly income runs $1,512/mo, and a $1,106/mo payment keeps the spread at $140/mo. Purchase price stands at $226,000, and rental yield measures 8.03% with $1,512/mo rent. Return on cash invested shows 22.15% in year one, and 5% annual appreciation builds toward $62,440 over five years. Five-year ROI reaches 114.7% and total cumulative return in cash records $85,931. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,512/mo property income covering a $1,106/mo payment rather than investor’s personal income.
Townhouse
Built in 1983
2,457 sqft lot
$N/A/sqft
$775 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26505, Morgantown, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,140 (100%) |
| Owner Occupied HU | 5,084 (25.2%) |
| Renter Occupied HU | 12,389 (61.5%) |
| Vacant Housing Units | 2,667 (13.2%) |
| Median Home Value | $293,024 |
| Average Home Value | $345,737 |
Housing Distribution
Address Breakdown
Residential
18,392
Single Family
13,304
Multi-Family
5,088
Businesses
1,351
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Listed by: AUDREY HARRIS • LANDMARK REALTY SERVICE
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10159887
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 2025-10-15 04:45:52 PDT