439 Blackberry RdgMorgantownWV26508
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 439 Blackberry Rdg, Morgantown, WV, 26508 priced at $457,000 converts $3,224/mo rent into $580/mo cash flow after a $2,237/mo obligation. Total monthly income equals $3,224/mo, and annual cash flow totals $6,954/yr on $151,496 invested. Return on cash invested prints 24.5% in year one, and rental yield reads 8.47% against a $457,000 entry. Equity gained on principal adds $2,949/yr, while 5% annual appreciation compiles into $126,261 by year five. Five-year ROI reaches 126.95% and total cumulative return in cash sums $192,319. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,224/mo property income covering a $2,237/mo payment, not borrower’s personal income.
Home Type Unknown
Built in N/A
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A