3958 Eastlake DrMorgantownWV26508
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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 3958 Eastlake Dr, Morgantown, WV, 26508 listed at $1,686,250 pairs $6,811/mo rent with a $8,253/mo payment. Total monthly income runs $6,811/mo. Return on cash invested measures 13.58% in year one, and rental yield registers 4.85% at a $1,686,250 basis. Equity gained on principal adds $10,881/yr, and annual property appreciation at 5% supports $465,880 by year five. Five-year ROI tracks 68.35% and total cumulative return in cash totals $373,450. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,811/mo property income relative to a $8,253/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1992
2.01 Acres lot
$N/A/sqft
$1,775 annually 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: LAURA C WALKER • J.S. WALKER ASSOC.
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10147274
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 2025-09-19 20:40:21 PDT