332 Bay StMorgantownWV26508
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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
Investment property for sale in Morgantown at 332 Bay St, Morgantown, WV, 26508 listed at $399,000 pairs $2,534/mo rent with a $1,953/mo payment to leave $225/mo cash flow. Total monthly income runs $2,534/mo, and annual cash flow reaches $2,703/yr on $132,269 cash to close. Return on cash invested measures 21.95% in year one, and rental yield registers 7.62% at a $399,000 basis. Equity gained on principal adds $2,575/yr, and annual property appreciation at 5% supports $110,236 by year five. Five-year ROI tracks 113.29% and total cumulative return in cash totals $149,846. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,534/mo property income relative to a $1,953/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2022
3,049 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
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Listed by: TYLER COOK • RE/MAX TAKE ME HOME
Mls Name: NCWV REIN
Mls ID: #10160472