405 Lakeview DrMorgantownWV26508
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 405 Lakeview Dr, Morgantown, WV, 26508 at $350,000 posts ROI 24.63% with $457/mo cash flow from $2,482/mo rent. Total monthly income equals $2,482/mo, and annual cash flow records $5,483/yr on $116,025 to close. Return on cash invested measures 24.63% and rental yield reads 8.51% at the current $350,000. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 by year five. Five-year ROI prints 127.65% and total cumulative return in cash totals $148,106.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,482/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1986
N/A 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: AUSTYN SKEEN • REAL BROKER, LLC
Mls Name: NCWV REIN
Mls ID: #10160727