11 Park 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 11 Park Dr, Fairmont, WV, 26554 at $324,000 posts ROI 32.9% with $1,163/mo cash flow from $3,076/mo rent. Total monthly income equals $3,076/mo, and annual cash flow records $13,956/yr on $107,406 to close. Return on cash invested measures 32.9% and rental yield reads 11.39% at the current $324,000. Equity gained on principal adds $2,091/yr, and 5% annual appreciation supports $89,515 by year five. Five-year ROI prints 172.19% and total cumulative return in cash totals $184,943.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,076/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1929
8,712 sqft lot
$N/A/sqft
No HOA
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Listed by: Bill Porter • HERITAGE REAL ESTATE CO.
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10152655
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