306 Villa View DrMorgantownWV26505
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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 Villa View Dr, Morgantown, WV, 26505 priced at $349,000 pairs $2,687/mo rent with $626/mo cash flow after a $1,708/mo payment. Total monthly income equals $2,687/mo, and annual cash flow comes to $7,514/yr on $115,694 invested. Return on cash invested is 26.4% in year one, and rental yield stands at 9.24% on a $349,000 basis. Equity gained on principal adds $2,252/yr, and 5% annual appreciation accumulates to $96,422 by year five. Five-year ROI measures 137.32% and total cumulative return in cash reaches $158,868. For financing, Ziffy Mortgage’s DSCR program evaluates $2,687/mo property income against a $1,708/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2007
N/A lot
$N/A/sqft
$500 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: Nathaniel Oliverio • TAYLOR-MADE REAL ESTATE
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10158993
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 2025-04-18 10:46:35 PDT