867 Quadrilla StMorgantownWV26505
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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 867 Quadrilla St, Morgantown, WV, 26505 priced at $223,000 converts $1,512/mo rent into $222/mo cash flow after a $1,091/mo obligation. Total monthly income equals $1,512/mo, and annual cash flow totals $2,666/yr on $73,925 invested. Return on cash invested prints 23.52% in year one, and rental yield reads 8.14% against a $223,000 entry. Equity gained on principal adds $1,439/yr, while 5% annual appreciation compiles into $61,611 by year five. Five-year ROI reaches 121.7% and total cumulative return in cash sums $89,969. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,512/mo property income covering a $1,091/mo payment, not borrower’s personal income.
Townhouse
Built in 2008
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: VENETIA HOWARD • WHITE DIAMOND REALTY
Mls Name: NCWV REIN
Mls ID: #10160811