300 Jerome StMorgantownWV26505
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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 300 Jerome St, Morgantown, WV, 26505 priced at $434,900 pairs $3,538/mo rent with $1,021/mo cash flow after a $2,129/mo payment. Total monthly income equals $3,538/mo, and annual cash flow comes to $12,255/yr on $144,169 invested. Return on cash invested is 28.41% in year one, and rental yield stands at 9.76% on a $434,900 basis. Equity gained on principal adds $2,806/yr, and 5% annual appreciation accumulates to $120,155 by year five. Five-year ROI measures 147.92% and total cumulative return in cash reaches $213,257. For financing, Ziffy Mortgage’s DSCR program evaluates $3,538/mo property income against a $2,129/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2004
2.44 Acres 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
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Listed by: LEIGH ANN BRYAN • J.S. WALKER ASSOCIATES
Mls Name: NCWV REIN
Mls ID: #10162247