41 Chardonnay 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
Rental property for sale in Morgantown at 41 Chardonnay Dr, Morgantown, WV, 26508 priced at $499,900 pairs $3,618/mo rent with $725/mo cash flow after a $2,447/mo payment. Total monthly income equals $3,618/mo, and annual cash flow comes to $8,703/yr on $165,717 invested. Return on cash invested is 25.16% in year one, and rental yield stands at 8.68% on a $499,900 basis. Equity gained on principal adds $3,226/yr, and 5% annual appreciation accumulates to $138,113 by year five. Five-year ROI measures 130.5% and total cumulative return in cash reaches $216,252. For financing, Ziffy Mortgage’s DSCR program evaluates $3,618/mo property income against a $2,447/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1976
0.45 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: JAIME BILLOTTI • KLM PROPERTIES, INC
Mls Name: NCWV REIN
Mls ID: #10160565