7 Horseshoe DrMorgantownPA19543
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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 7 Horseshoe Dr, Morgantown, PA, 19543 priced at $489,999 pairs $3,326/mo rent with $115/mo cash flow after a $2,398/mo payment. Total monthly income equals $3,326/mo, and annual cash flow comes to $1,385/yr on $162,435 invested. Return on cash invested is 20.76% in year one, and rental yield stands at 8.15% on a $489,999 basis. Equity gained on principal adds $3,162/yr, and 5% annual appreciation accumulates to $135,378 by year five. Five-year ROI measures 107.9% and total cumulative return in cash reaches $175,272. For financing, Ziffy Mortgage’s DSCR program evaluates $3,326/mo property income against a $2,398/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2022
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19543, Morgantown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,165 (100%) |
| Owner Occupied HU | 1,735 (80.1%) |
| Renter Occupied HU | 367 (17.0%) |
| Vacant Housing Units | 63 ( 2.9%) |
| Median Home Value | $356,599 |
| Average Home Value | $395,824 |
Housing Distribution
Address Breakdown
Residential
2,087
Single Family
2,087
Multi-Family
0
Businesses
219
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Listed by: Stephanie A. Trussell • Keller Williams Northampton
Mls Name: GLVR
Mls Provider:
Mls ID: #762479
Disclaimer: IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.