221 Creekside DrMorgantownWV26508
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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
Investment property for sale in Morgantown at 221 Creekside Dr, Morgantown, WV, 26508 at $165,000 posts ROI 27.72% with $356/mo cash flow from $1,436/mo rent. Total monthly income equals $1,436/mo, and annual cash flow records $4,271/yr on $54,698 to close. Return on cash invested measures 27.72% and rental yield reads 10.44% at the current $165,000. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 by year five. Five-year ROI prints 145.17% and total cumulative return in cash totals $79,403.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,436/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2007
N/A lot
$N/A/sqft
$1,500 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: Eve Leombruno • COMPASS REALTY GROUP
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10157282
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 06:43:40 PST