1236 Van Voorhis RdMorgantownWV26505
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1236 Van Voorhis Rd, Morgantown, WV, 26505 earns $1,344/mo cash flow from $2,470/mo rent with a $856/mo payment. Total monthly income totals $2,470/mo, and annual cash flow totals $16,127/yr on $57,979 capital. ROI tracks 47.72% on current figures, and rental yield reads 16.95% at a $174,900 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,322 over five years. Five-year ROI reaches 252.32% and total cumulative return in cash sums $146,292. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,470/mo property income instead of your personal income.
Townhouse
Built in 1980
1,656 sqft lot
$N/A/sqft
$735 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: Dj Nunan • KEYSTONE REALTY GROUP LLC
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10155298
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 2024-02-07 10:15:58 PST