49 Summers Ridge RdMorgantownWV26508
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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 49 Summers Ridge Rd, Morgantown, WV, 26508 priced at $468,000 pairs $3,120/mo rent with $370/mo cash flow after a $2,291/mo payment. Total monthly income equals $3,120/mo, and annual cash flow comes to $4,440/yr on $155,142 invested. Return on cash invested is 22.77% in year one, and rental yield stands at 8% on a $468,000 basis. Equity gained on principal adds $3,020/yr, and 5% annual appreciation accumulates to $129,300 by year five. Five-year ROI measures 117.8% and total cumulative return in cash reaches $182,753. For financing, Ziffy Mortgage’s DSCR program evaluates $3,120/mo property income against a $2,291/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
9,583 sqft lot
$N/A/sqft
$500 annually 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
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Listed by: SCHYLER NICHOLS • REAL BROKER, LLC
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10159875
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 2025-10-15 04:45:52 PDT