2079 Pinecrest DrMorgantownWV26505
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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 2079 Pinecrest Dr, Morgantown, WV, 26505 priced at $334,000 converts $2,286/mo rent into $320/mo cash flow after a $1,635/mo obligation. Total monthly income equals $2,286/mo, and annual cash flow totals $3,838/yr on $110,721 invested. Return on cash invested prints 23.38% in year one, and rental yield reads 8.21% against a $334,000 entry. Equity gained on principal adds $2,155/yr, while 5% annual appreciation compiles into $92,278 by year five. Five-year ROI reaches 121.03% and total cumulative return in cash sums $134,010. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,286/mo property income covering a $1,635/mo payment, not borrower’s personal income.
Single Family
Built in 2000
7,949 sqft lot
$N/A/sqft
$400 annually 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
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Listed by: Jennifer Hagerty • MOUNTAIN RIDGE REALTY, LLC
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10158032
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 05:43:40 PST