443 Washington 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
Rental property for sale in Morgantown at 443 Washington St, Morgantown, WV, 26501 offers $1,938/mo rent that, after a $1,246/mo payment, leaves $465/mo cash flow. Total monthly income is $1,938/mo, and annual cash flow is $5,581/yr on $84,367 cash. Return on cash invested measures 26.52% in year one, and rental yield stands at 9.14% at a $254,500 entry. Equity gained on principal adds $1,642/yr while 5% annual appreciation compounds into $70,314 by year five. Five-year ROI records 137.85% and total cumulative return in cash reaches $116,299. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,938/mo property income versus a $1,246/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
3,049 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: ZECH BEARD • COMPASS REALTY GROUP, LLC
Mls Name: NCWV REIN
Mls ID: #10162966