306 Brooke AveMorgantownWV26505
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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 306 Brooke Ave, Morgantown, WV, 26505 priced at $220,100 pairs $1,770/mo rent with $482/mo cash flow after a $1,077/mo payment. Total monthly income equals $1,770/mo, and annual cash flow comes to $5,781/yr on $72,963 invested. Return on cash invested is 27.83% in year one, and rental yield stands at 9.65% on a $220,100 basis. Equity gained on principal adds $1,420/yr, and 5% annual appreciation accumulates to $60,810 by year five. Five-year ROI measures 144.89% and total cumulative return in cash reaches $105,714. For financing, Ziffy Mortgage’s DSCR program evaluates $1,770/mo property income against a $1,077/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1983
0.26 Acres lot
$N/A/sqft
$180 annually 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: MELISSA HORNBECK • OLD COLONY, REALTORS
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10160593
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 2025-10-22 03:38:43 PDT