2062 Pinecrest DrMorgantownWV26505
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 2062 Pinecrest Dr, Morgantown, WV, 26505 generates $3,412/mo in rent and, after a $1,880/mo payment, leaves $1,190/mo in cash flow. Total monthly income is $3,412/mo, and annual cash flow is $14,274/yr on $127,329 invested. Return on cash invested sits at 31.12% in year one, and rental yield is 10.66% on a $384,100 entry. Equity gained on principal adds $2,479/yr, while 5% annual appreciation builds toward $106,120 over five years. Five-year ROI reaches 162.43% and total cumulative return in cash sums $206,824. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,412/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
6,446 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: N/A • N/A
Mls Name: undefined
Mls ID: #N/A