3037 6th AveMorgantownWV26508
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
Investment property for sale in Morgantown at 3037 6th Ave, Morgantown, WV, 26508 earns $1,015/mo cash flow from $2,606/mo rent with a $1,346/mo payment. Total monthly income totals $2,606/mo, and annual cash flow totals $12,178/yr on $91,163 capital. ROI tracks 33.27% on current figures, and rental yield reads 11.37% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 173.94% and total cumulative return in cash sums $158,567. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,606/mo property income instead of your personal income.
Townhouse
Built in 2017
3,313 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Travis Cadalzo • J.S. WALKER ASSOC.
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10158612
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 2025-03-28 11:02:21 PDT