232 Fountain VwMorgantownWV26505
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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 232 Fountain Vw, Morgantown, WV, 26505 priced at $157,500 pairs $1,217/mo rent with $12/mo cash flow after a $771/mo payment. Total monthly income equals $1,217/mo, and annual cash flow comes to $139/yr on $52,211 invested. Return on cash invested is 20.18% in year one, and rental yield stands at 9.27% on a $157,500 basis. Equity gained on principal adds $1,016/yr, and 5% annual appreciation accumulates to $43,514 by year five. Five-year ROI measures 106.25% and total cumulative return in cash reaches $55,473. For financing, Ziffy Mortgage’s DSCR program evaluates $1,217/mo property income against a $771/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2007
N/A lot
$N/A/sqft
$232 monthly 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: N/A • N/A
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Mls ID: #N/A