420 E Brockway AveMorgantownWV26501
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 420 E Brockway Ave, Morgantown, WV, 26501 at $174,900 posts ROI 26.06% with $297/mo cash flow from $1,309/mo rent. Total monthly income equals $1,309/mo, and annual cash flow records $3,564/yr on $57,979 to close. Return on cash invested measures 26.06% and rental yield reads 8.98% at the current $174,900. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,322 by year five. Five-year ROI prints 135.36% and total cumulative return in cash totals $78,480.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,309/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
3,920 sqft 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: Sarah Wade • BERKSHIRE HATHAWAY HOMESERVICES TOUCHDOWN HOME PROS REALTY
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10156066
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 2024-02-07 10:15:58 PST