277 Randolph RdMorgantownWV26505
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 277 Randolph Rd, Morgantown, WV, 26505 priced at $289,900 converts $2,119/mo rent into $442/mo cash flow after a $1,419/mo obligation. Total monthly income equals $2,119/mo, and annual cash flow totals $5,298/yr on $96,102 invested. Return on cash invested prints 25.42% in year one, and rental yield reads 8.77% against a $289,900 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation compiles into $80,094 by year five. Five-year ROI reaches 131.89% and total cumulative return in cash sums $126,753. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,119/mo property income covering a $1,419/mo payment, not borrower’s personal income.
Single Family
Built in 1975
6,141 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: RYAN PETRUCCI • J.S. WALKER ASSOC.
Mls Name: NCWV REIN
Mls ID: #10159352