500 Stewart Ln APT 28MorgantownWV26505
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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
Investment property for sale in Morgantown at 500 Stewart Ln APT 28, Morgantown, WV, 26505 listed at $147,000 pairs $1,390/mo rent with a $719/mo payment to leave $540/mo cash flow. Total monthly income runs $1,390/mo, and annual cash flow reaches $6,479/yr on $48,731 cash to close. Return on cash invested measures 33.2% in year one, and rental yield registers 11.35% at a $147,000 basis. Equity gained on principal adds $949/yr, and annual property appreciation at 5% supports $40,613 by year five. Five-year ROI tracks 173.61% and total cumulative return in cash totals $84,600. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,390/mo property income relative to a $719/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1992
N/A 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: NATHANIEL OLIVERIO • TAYLOR-MADE REAL ESTATE
Mls Name: NCWV REIN
Mls ID: #10161418