913 Briarwood 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 913 Briarwood St, Morgantown, WV, 26505 offers a 8.81% rental yield on a $369,500 purchase with $2,714/mo rent. Total monthly income registers $2,714/mo, and a $1,809/mo payment leaves $576/mo available for distribution. Annual cash flow reaches $6,906/yr on $122,489 to close, and return on cash invested stands at 25.55% in year one. Equity gained on principal adds $2,384/yr while 5% annual appreciation supports $102,086 over five years. Portfolio math shows five-year ROI at 132.55% and total cumulative return in cash at $162,364. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,714/mo property income against a $1,809/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
10,018 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: LAURA C WALKER • J.S. WALKER ASSOC.
Mls Name: NCWV REIN
Mls ID: #10161463