742 Erow AveMorgantownWV26505
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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 742 Erow Ave, Morgantown, WV, 26505 earns $948/mo cash flow from $2,308/mo rent with a $1,150/mo payment. Total monthly income totals $2,308/mo, and annual cash flow totals $11,382/yr on $77,903 capital. ROI tracks 34.52% on current figures, and rental yield reads 11.79% at a $235,000 purchase. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,926 over five years. Five-year ROI reaches 180.68% and total cumulative return in cash sums $140,752. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,308/mo property income instead of your personal income.
Townhouse
Built in 1999
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: ALYSE GUYNN • MOUNTAIN RIDGE REALTY, LLC
Mls Name: NCWV REIN
Mls ID: #10161883