1015 Carleton StFairmontWV26554
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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 Fairmont at 1015 Carleton St, Fairmont, WV, 26554 generates $989/mo in rent and, after a $612/mo payment, leaves $224/mo in cash flow. Total monthly income is $989/mo, and annual cash flow is $2,687/yr on $41,437 invested. Return on cash invested sits at 26.39% in year one, and rental yield is 9.49% on a $124,999 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 137.54% and total cumulative return in cash sums $56,993. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $989/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
4,399 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Cristy Moats • HOWARD HANNA
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10158697
Disclaimer: Data provided by North Central WV Real Estate Information Network, Inc. IDX information is provided exclusively for consumers personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information last updated on 2025-04-02 11:15:34 PDT