712 W Virginia AveMorgantownWV26501
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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 712 W Virginia Ave, Morgantown, WV, 26501 priced at $154,500 pairs $1,190/mo rent with $268/mo cash flow after a $756/mo payment. Total monthly income equals $1,190/mo, and annual cash flow comes to $3,216/yr on $51,217 invested. Return on cash invested is 26.19% in year one, and rental yield stands at 9.24% on a $154,500 basis. Equity gained on principal adds $997/yr, and 5% annual appreciation accumulates to $42,686 by year five. Five-year ROI measures 136.34% and total cumulative return in cash reaches $69,831. For financing, Ziffy Mortgage’s DSCR program evaluates $1,190/mo property income against a $756/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1912
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26501, Morgantown, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,898 (100%) |
| Owner Occupied HU | 5,659 (57.2%) |
| Renter Occupied HU | 3,294 (33.3%) |
| Vacant Housing Units | 945 ( 9.5%) |
| Median Home Value | $229,353 |
| Average Home Value | $275,429 |
Housing Distribution
Address Breakdown
Residential
9,296
Single Family
8,727
Multi-Family
569
Businesses
796
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Listed by: Joe Pyle • Joe R. Pyle Complete Auction and Realty Service
Mls Name: My State MLS
Mls ID: #11437712