109 Hallhurst RdFairmontWV26554
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Nearby investment properties with comparable prices
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 109 Hallhurst Rd, Fairmont, WV, 26554 offers $2,740/mo rent that, after a $1,287/mo payment, leaves $1,219/mo cash flow. Total monthly income is $2,740/mo, and annual cash flow is $14,623/yr on $87,151 cash. Return on cash invested measures 36.69% in year one, and rental yield stands at 12.51% at a $262,900 entry. Equity gained on principal adds $1,696/yr while 5% annual appreciation compounds into $72,634 by year five. Five-year ROI records 192.3% and total cumulative return in cash reaches $167,596. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,740/mo property income versus a $1,287/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
7,736 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Birdie Christie Hayes • BIRDHOUSE REALTY LLC
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10153130
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