1261 Carlisle AveMorgantownWV26505
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 1261 Carlisle Ave, Morgantown, WV, 26505 uses $72,930 cash to close to unlock $6,550/yr annual cash flow and $546/mo monthly cash flow. Total monthly income runs $1,819/mo, and a $1,077/mo payment keeps the spread at $546/mo. Purchase price stands at $220,000, and rental yield measures 9.92% with $1,819/mo rent. Return on cash invested shows 28.89% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 150.49% and total cumulative return in cash records $109,751. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,819/mo property income covering a $1,077/mo payment rather than investor’s personal income.
Single Family
Built in 1930
3,484 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: ELIZABETH CILELLA • ALLIANCE REALTY
Mls Name: NCWV REIN
Mls ID: #10162378