765 Meadowbrook RdMorgantownWV26505
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 765 Meadowbrook Rd, Morgantown, WV, 26505 priced at $200,000 converts $1,946/mo rent into $789/mo cash flow after a $979/mo obligation. Total monthly income equals $1,946/mo, and annual cash flow totals $9,464/yr on $66,300 invested. Return on cash invested prints 34.18% in year one, and rental yield reads 11.68% against a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation compiles into $55,256 by year five. Five-year ROI reaches 178.89% and total cumulative return in cash sums $118,604. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,946/mo property income covering a $979/mo payment, not borrower’s personal income.
Single Family
Built in 1961
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ronnie Wiles • Railey WV Properties
Mls Name: Bright MLS
Mls ID: #WVMG2000140