457 Kiwanis AveMorgantownWV26505
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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 457 Kiwanis Ave, Morgantown, WV, 26505 priced at $340,000 pairs $2,969/mo rent with $1,002/mo cash flow after a $1,664/mo payment. Total monthly income equals $2,969/mo, and annual cash flow comes to $12,022/yr on $112,710 invested. Return on cash invested is 30.58% in year one, and rental yield stands at 10.48% on a $340,000 basis. Equity gained on principal adds $2,194/yr, and 5% annual appreciation accumulates to $93,936 by year five. Five-year ROI measures 159.51% and total cumulative return in cash reaches $179,778. For financing, Ziffy Mortgage’s DSCR program evaluates $2,969/mo property income against a $1,664/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1961
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26505, Morgantown, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,140 (100%) |
| Owner Occupied HU | 5,084 (25.2%) |
| Renter Occupied HU | 12,389 (61.5%) |
| Vacant Housing Units | 2,667 (13.2%) |
| Median Home Value | $293,024 |
| Average Home Value | $345,737 |
Housing Distribution
Address Breakdown
Residential
18,392
Single Family
13,304
Multi-Family
5,088
Businesses
1,351
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Listed by: ZELLA L HORSEMAN • HORSEMAN REALTY LLC
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10159301
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 2025-10-11 23:37:39 PDT