150 Summit Woods 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
Investment property for sale in Morgantown at 150 Summit Woods Dr, Morgantown, WV, 26508 with 5% annual appreciation on a $645,000 basis while $5,050/mo rent supports operations. Total monthly income totals $5,050/mo and a $3,157/mo payment preserves $1,268/mo for cash returns. Annual cash flow comes to $15,215/yr on $212,205 deployed, and return on cash invested reaches 27.23% in year one. Equity gained on principal adds $4,162/yr, and five-year appreciation sums $178,202 alongside rental yield of 9.4%. Five-year ROI measures 141.63% and total cumulative return in cash totals $300,556.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,050/mo property income versus a $3,157/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2015
0.41 Acres lot
$N/A/sqft
$600 annually 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: Mindy Tatar • SNIDER REALTY GROUP
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10158910
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 2025-04-25 12:15:43 PDT