Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
This page contains aggregated information about each property, and is not intended to serve as an appraisal. Projections for accumulated wealth, cash flow and equity are based on predictive models used to analyze big data on more than 110 million homes. Learn more about INVESTimate

...MORE

This page contains aggregated information about each property, and is not intended to serve as an appraisal. Projections for accumulated wealth, cash flow and equity are based on predictive models used to analyze big data on more than 110 million homes. Learn more about INVESTimate

809 Fenwick Ave Morgantown, WV 26505

2 Beds 1 Baths 1,200 sqft Built 1953
Last updated:  Oct 23, 2019

INVESTimate

$255,969

$240K - $272K

Price Est.

$944

837 - $1.1K

Rent Est.

$259,809  ( +1.5%)   1 YR EST. FORECAST
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 27440 N ALMA SCHOOL Parkway #33-2 Scottsdale, AZ
    • 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005
    AVAILABLE
    • 15.68% GROSS YIELD
    • $13,349 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,940
  • 1206 WALES DRIVE Killeen, TX
    • 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units
    AVAILABLE
    • 15.00% GROSS YIELD
    • $10,795 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $160,000
    • $53,900
    • $2,000
  • 1092 Rebel Forest DRIVE Atlanta, GA
    • 3 beds 1 baths ∙ 960 Sqft ∙ Built 1990 3 beds 1 baths ∙ 960 Sqft ∙ Built 1990
    AVAILABLE
    • 14.18% GROSS YIELD
    • $10,195 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $110,000
    • $62,150
    • $1,300
  • 3870 MARTIN DRIVE Ellenwood, GA
    • 3 beds 2 baths ∙ 2,160 Sqft ∙ Built 1979 ∙ 1units 3 beds 2 baths ∙ 2,160 Sqft ∙ Built 1979 ∙ 1units
    AVAILABLE fmls
    • 13.21% GROSS YIELD
    • $9,524 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $139,000
    • $42,585
    • $1,530

809 Fenwick Ave PROPERTY INFO

FACTS
  • Built In 1953
  • Price/Sqft : $213.31
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,200 sqft
  • Baths : 1 Full

809 Fenwick Ave SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
SUNCREST PRIMARY SCHOOL Primary Regular 278 11 NA
SUNCREST MIDDLE SCHOOL Middle Regular 498 33 NA
MORGANTOWN HIGH SCHOOL High Regular 1,622 94 NA

SUNCREST PRIMARY SCHOOL

  • Education Level: Primary
  • # of students: 278
  • # of teachers: 11
-1
GreatSchools Rating

SUNCREST MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 498
  • # of teachers: 33
-1
GreatSchools Rating

MORGANTOWN HIGH SCHOOL

  • Education Level: High
  • # of students: 1,622
  • # of teachers: 94
-1
GreatSchools Rating
 

Financial Details

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

Suncrest

  • 24,837

    POPULATION
  • 9,620

    HOUSEHOLDS
  • 83.0%

    WHITE COLLAR

Neighborhood : Suncrest

HOUSEHOLDS
9,620
POPULATION

24,837

64.0%Renters
36.0%Home Owners
LABOR FORCE

 

83.0%White Collar
17.0%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 88% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $944 per month.

MY RENT : $944 MEDIAN RENT : $1,404

Rent % Distribution LEVEL
$500-699 0.1%
$700-899 10.1%
$900-999 4.9%
$1,000-1,499 43.8%
>=$1,500 41.1%
Household Rent Affordability

According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $944 would therefore be considered affordable for annual household incomes greater than $37,760 (12 months x 3.333 x $944).

Rent % Affordability
Above $500 64.6%
Above $700 57.6%
Above $1,100 44.1%
Above $1,500 33.2%
Above $1,900 25.2%
HOUSEHOLD INCOME RANGE

Approximately 3,881 of households in this neighborhood have a total annual income of $37,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $944 per month.

MINIMUM INCOME RANGE : $37,760

Income % Distribution
<$20K 35.4%
$20K-$35K 12.2%
$35K-$60K 19.3%
$60K-$100K 15.9%
>=$100K 17.3%
COMMUTE TIME DISTRIBUTION

42% of the working population has a commute time of 15 to 44 minutes, 49% has a commute time of 14 minutes or less and 8% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.5%
5-9 mins 15.8%
10-14 mins 29.9%
15-19 mins 18.9%
20-29 mins 15.7%
30-44 mins 7.7%
45-59 mins 4.1%
>60 mins 4.4%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 88% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $944 per month.

MY RENT : $944 MEDIAN RENT : $1,404

Rent % Distribution
$500-699 0.1%
$700-899 10.1%
$900-999 4.9%
$1,000-1,499 43.8%
>=$1,500 41.1%
Household Rent Affordability

According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $944 would therefore be considered affordable for annual household incomes greater than $37,760 (12 months x 3.333 x $944).

Rent % Affordability
Above $500 64.6%
Above $700 57.6%
Above $1,100 44.1%
Above $1,500 33.2%
Above $1,900 25.2%
HOUSEHOLD INCOME RANGE

Approximately 3,881 of households in this neighborhood have a total annual income of $37,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $944 per month.

MINIMUM INCOME RANGE : $37,760

Income % Distribution
<$20K 35.4%
$20K-$35K 12.2%
$35K-$60K 19.3%
$60K-$100K 15.9%
>=$100K 17.3%
COMMUTE TIME DISTRIBUTION

42% of the working population has a commute time of 15 to 44 minutes, 49% has a commute time of 14 minutes or less and 8% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.5%
5-9 mins 15.8%
10-14 mins 29.9%
15-19 mins 18.9%
20-29 mins 15.7%
30-44 mins 7.7%
45-59 mins 4.1%
>60 mins 4.4%

Suncrest Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 12.7%
Educational Services 25.8%
Health Care & Social Assistance 19.5%
Manufacturing 4.4%
Professional & Scientific Tech Services 9.8%
Retail & Wholesale Trader 10.5%
Other 17.3%
AGE DISTRIBUTION

42% of the population is between the ages of 25 and 64, 50% is 24 or younger and 9% is 65 or older.

Age % Distribution
<15 9.1%
15-19 11.9%
20-24 28.6%
25-44 26.8%
45-65 15.0%
66+ 8.6%
OCCUPATION

Occupation % Distribution
Computer Engineering 12.0%
Construction 11.5%
Education 4.6%
Healthcare 19.3%
Management, Business, & Financial 18.9%
Sales & Office 15.7%
Other 18.1%
HIGHEST EDUCATION LEVEL

34% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Doctorate 8.0%
High School 17.8%
Masters Degree 15.5%
Professional 6.5%
Some College 13.8%
Other 38.3%

809 Fenwick Ave Comps

Sorry, we do not have sufficient data available.

809 Fenwick Ave, Morgantown, WV 26505 is a single family home of 1,200 sqft. HomeUnion INVESTimateĀ® for 809 Fenwick Ave includes a Price Estimate of $255,969 and a Rent Estimate of $944. This single family home has 2 bedrooms,1 bathrooms, and was built in 1953. This property has an estimated 15 year annualized Yield of 4.43% and Total Return of 4.08%. The estimated 1 year forecast in home value for 809 Fenwick Ave is 1.5%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in WV , MONONGALIA County , or the 26505 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Similar Investment Properties By Bed/Bath within 2 miles

No Properties available

Similar Investment Properties By List Price within 2 miles

No Properties available