334 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
Rental property for sale in Morgantown at 334 Willey St, Morgantown, WV, 26505 offers $2,450/mo rent that, after a $3,181/mo payment. Total monthly income is $2,450/mo. Return on cash invested measures 12.71% in year one, and rental yield stands at 4.52% at a $650,000 entry. Equity gained on principal adds $4,194/yr while 5% annual appreciation compounds into $179,583 by year five. Five-year ROI records 63.66% and total cumulative return in cash reaches $136,130. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,450/mo property income versus a $3,181/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 2006
4,050 sqft 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
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Listed by: JASMIN PATRICK • BEL-CROSS PROPERTIES, LLC
Mls Name: NCWV REIN
Mls ID: #10162818