724 Hardman DrMorgantownWV26501
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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 724 Hardman Dr, Morgantown, WV, 26501 listed at $275,740 pairs $1,200/mo rent with a $1,350/mo payment. Total monthly income runs $1,200/mo. Return on cash invested measures 14.71% in year one, and rental yield registers 5.22% at a $275,740 basis. Equity gained on principal adds $1,779/yr, and annual property appreciation at 5% supports $76,182 by year five. Five-year ROI tracks 74.48% and total cumulative return in cash totals $68,079. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,200/mo property income relative to a $1,350/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2025
1,785 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: JESSICA BLYSTONE • DR HORTON REALTY OF WV
Mls Name: NCWV REIN
Mls ID: #10160443