887 Tremont 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
Investment property for sale in Morgantown at 887 Tremont St, Morgantown, WV, 26505 at $199,000 posts ROI 26.69% with $373/mo cash flow from $1,524/mo rent. Total monthly income equals $1,524/mo, and annual cash flow records $4,471/yr on $65,969 to close. Return on cash invested measures 26.69% and rental yield reads 9.19% at the current $199,000. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 by year five. Five-year ROI prints 138.69% and total cumulative return in cash totals $91,494.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,524/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1975
1,176 sqft 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: BRENDA PAGE • COMPASS REALTY GROUP
Mls Name: NCWV REIN
Mls ID: #10160688