106 May 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
Investment property for sale in Fairmont at 106 May St, Fairmont, WV, 26554 earns $748/mo cash flow from $2,264/mo rent with a $1,282/mo payment. Total monthly income totals $2,264/mo, and annual cash flow totals $8,981/yr on $86,853 capital. ROI tracks 30.25% on current figures, and rental yield reads 10.37% at a $262,000 purchase. Equity gained on principal adds $1,691/yr, and 5% annual appreciation supports $72,386 over five years. Five-year ROI reaches 157.78% and total cumulative return in cash sums $137,037. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,264/mo property income instead of your personal income.
Single Family
Built in 1916
0.27 Acres lot
$N/A/sqft
No HOA
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Listed by: Brian Floyd • FLOYD REAL ESTATE INC.
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10154828
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 2024-02-07 10:15:58 PST