480 Hillview DrMorgantownWV26505
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 480 Hillview Dr, Morgantown, WV, 26505 uses $107,738 cash to close to unlock $3,495/yr annual cash flow and $291/mo monthly cash flow. Total monthly income runs $2,172/mo, and a $1,591/mo payment keeps the spread at $291/mo. Purchase price stands at $325,000, and rental yield measures 8.02% with $2,172/mo rent. Return on cash invested shows 23.15% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 119.74% and total cumulative return in cash records $129,001. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,172/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Single Family
Built in 1960
0.32 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: SUSAN PAPPAS • HOWARD HANNA
Mls Name: NCWV REIN
Mls ID: #10161165