237 Morgantown AveMorgantownWV26501
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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 237 Morgantown Ave, Morgantown, WV, 26501 generates $2,209/mo in rent and, after a $1,679/mo payment, leaves $224/mo in cash flow. Total monthly income is $2,209/mo, and annual cash flow is $2,690/yr on $113,705 invested. Return on cash invested sits at 22.27% in year one, and rental yield is 7.73% on a $343,000 entry. Equity gained on principal adds $2,213/yr, while 5% annual appreciation builds toward $94,765 over five years. Five-year ROI reaches 115.02% and total cumulative return in cash sums $130,788. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,209/mo property income rather than buyer’s personal income.
Single Family
Built in 1967
0.39 Acres lot
$N/A/sqft
No 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: TRAVIS CADALZO • J.S. WALKER ASSOC.
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10160309
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 2025-10-08 02:55:31 PDT