14 Waterside 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
Rental property for sale in Morgantown at 14 Waterside Dr, Morgantown, WV, 26508 offers $3,118/mo rent that, after a $2,398/mo payment, leaves $283/mo cash flow. Total monthly income is $3,118/mo, and annual cash flow is $3,397/yr on $162,435 cash. Return on cash invested measures 22% in year one, and rental yield stands at 7.64% at a $490,000 entry. Equity gained on principal adds $3,162/yr while 5% annual appreciation compounds into $135,378 by year five. Five-year ROI records 113.55% and total cumulative return in cash reaches $184,440. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,118/mo property income versus a $2,398/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2006
N/A 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: CHRISTINA CRABTREE • EXP REALTY
Mls Name: NCWV REIN
Mls ID: #10160410