2031 Mountain Ash LnMorgantownWV26501
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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 2031 Mountain Ash Ln, Morgantown, WV, 26501 listed at $355,000 pairs $2,370/mo rent with a $1,738/mo payment to leave $142/mo cash flow. Total monthly income runs $2,370/mo, and annual cash flow reaches $1,709/yr on $117,683 cash to close. Return on cash invested measures 21.36% in year one, and rental yield registers 8.01% at a $355,000 basis. Equity gained on principal adds $2,291/yr, and annual property appreciation at 5% supports $98,080 by year five. Five-year ROI tracks 110.77% and total cumulative return in cash totals $130,356. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,370/mo property income relative to a $1,738/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2021
N/A lot
$N/A/sqft
$1,800 annually 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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Listed by: Pam Myers • OLIVERIO REALTY, LLC
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10157732
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 2025-02-18 04:42:39 PST