124 Elkins St, Fairmont, WV, 26554 | $673/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Fairmont at 124 Elkins St, Fairmont, WV, 26554 uses $64,643 cash to close to unlock $8,078/yr annual cash flow and $673/mo monthly cash flow. Total monthly income runs $1,801/mo, and a $954/mo payment keeps the spread at $673/mo. Purchase price stands at $195,000, and rental yield measures 11.08% with $1,801/mo rent. Return on cash invested shows 32.4% in year one, and 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 169.39% and total cumulative return in cash records $109,498. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,801/mo property income covering a $954/mo payment rather than investor’s personal income.

Single Family

Built in 1937

6,795 sqft lot

$N/A/sqft

No HOA