313 Grand StMorgantownWV26501
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 313 Grand St, Morgantown, WV, 26501 at $245,000 posts ROI 26.12% with $420/mo cash flow from $2,033/mo rent. Total monthly income equals $2,033/mo, and annual cash flow records $5,042/yr on $81,218 to close. Return on cash invested measures 26.12% and rental yield reads 9.96% at the current $245,000. Equity gained on principal adds $1,581/yr, and 5% annual appreciation supports $67,689 by year five. Five-year ROI prints 136.7% and total cumulative return in cash totals $111,024.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,033/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1920
3,317 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26501, Morgantown, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,898 (100%) |
| Owner Occupied HU | 5,659 (57.2%) |
| Renter Occupied HU | 3,294 (33.3%) |
| Vacant Housing Units | 945 ( 9.5%) |
| Median Home Value | $229,353 |
| Average Home Value | $275,429 |
Housing Distribution
Address Breakdown
Residential
9,296
Single Family
8,727
Multi-Family
569
Businesses
796
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Listed by: Jarrod Harper • REAL BROKER, LLC
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10159430
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 2025-05-16 13:17:45 PDT