124 Kaustin DrMorgantownWV26501
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
Rental property for sale in Morgantown at 124 Kaustin Dr, Morgantown, WV, 26501 generates $2,534/mo in rent and, after a $1,307/mo payment, leaves $989/mo in cash flow. Total monthly income is $2,534/mo, and annual cash flow is $11,867/yr on $88,511 invested. Return on cash invested sits at 33.32% in year one, and rental yield is 11.39% on a $267,000 entry. Equity gained on principal adds $1,723/yr, while 5% annual appreciation builds toward $73,767 over five years. Five-year ROI reaches 174.2% and total cumulative return in cash sums $154,183. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,534/mo property income rather than buyer’s personal income.
Townhouse
Built in 2009
1,408 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26501, Morgantown, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,898 (100%) |
| Owner Occupied HU | 5,659 (57.2%) |
| Renter Occupied HU | 3,294 (33.3%) |
| Vacant Housing Units | 945 ( 9.5%) |
| Median Home Value | $229,353 |
| Average Home Value | $275,429 |
Housing Distribution
Address Breakdown
Residential
9,296
Single Family
8,727
Multi-Family
569
Businesses
796
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Nearby investment properties with comparable prices
Listed by: VICTORIA SHUMAN • HOWARD HANNA PREMIER PROPERTIES BY BARBARA ALEXANDER, LLC
Mls Name: NCWV REIN
Mls ID: #10162477