316-340 Willey StMorgantownWV26505
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 316-340 Willey St, Morgantown, WV, 26505 earns from $1,093/mo rent with a $8,320/mo payment. Total monthly income totals $1,093/mo. ROI tracks 1.32% on current figures, and rental yield reads 0.77% at a $1,699,900 purchase. Equity gained on principal adds $10,969/yr, and 5% annual appreciation supports $469,651 over five years. Five-year ROI reaches 2.53% and total cumulative return in cash sums $13,932. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,093/mo property income instead of your personal income.
Multi Family
Built in 1860
0.51 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: DESTINY SYLVESTER • BEL-CROSS PROPERTIES
Mls Name: NCWV REIN
Mls ID: #10161654