416 Cedar StMorgantownWV26501
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 416 Cedar St, Morgantown, WV, 26501 at $336,400 posts ROI 27.68% with $722/mo cash flow from $2,669/mo rent. Total monthly income equals $2,669/mo, and annual cash flow records $8,664/yr on $111,517 to close. Return on cash invested measures 27.68% and rental yield reads 9.52% at the current $336,400. Equity gained on principal adds $2,171/yr, and 5% annual appreciation supports $92,941 by year five. Five-year ROI prints 144.01% and total cumulative return in cash totals $160,600.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,669/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26501, Morgantown, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,898 (100%) |
| Owner Occupied HU | 5,659 (57.2%) |
| Renter Occupied HU | 3,294 (33.3%) |
| Vacant Housing Units | 945 ( 9.5%) |
| Median Home Value | $229,353 |
| Average Home Value | $275,429 |
Housing Distribution
Address Breakdown
Residential
9,296
Single Family
8,727
Multi-Family
569
Businesses
796
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: BHHS broker feed
Mls ID: #10161824