108 High Pointe DrFairmontWV26554
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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 108 High Pointe Dr, Fairmont, WV, 26554 at $340,000 posts ROI 40.26% with $1,912/mo cash flow from $3,931/mo rent. Total monthly income equals $3,931/mo, and annual cash flow records $22,942/yr on $112,710 to close. Return on cash invested measures 40.26% and rental yield reads 13.87% at the current $340,000. Equity gained on principal adds $2,194/yr, and 5% annual appreciation supports $93,936 by year five. Five-year ROI prints 211.66% and total cumulative return in cash totals $238,566.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,931/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2023
9,060 sqft lot
$N/A/sqft
$52 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Melissa Clelland • DREAM HOME PROPERTIES, LLC
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10152918
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