1129 Speedway Ave,Fairmont,WV,26554

Investment Highlights

Investment property for sale in Fairmont at 1129 Speedway Ave, Fairmont, WV, 26554 listed at $142,000 pairs $1,319/mo rent with a $695/mo payment to leave $497/mo cash flow. Total monthly income runs $1,319/mo, and annual cash flow reaches $5,969/yr on $47,073 cash to close. Return on cash invested measures 32.59% in year one, and rental yield registers 11.15% at a $142,000 basis. Equity gained on principal adds $916/yr, and annual property appreciation at 5% supports $39,232 by year five. Five-year ROI tracks 170.37% and total cumulative return in cash totals $80,198. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,319/mo property income relative to a $695/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).