135 Circle 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
Rental property for sale in Fairmont at 135 Circle Dr, Fairmont, WV, 26554 priced at $148,000 converts $1,403/mo rent into $524/mo cash flow after a $724/mo obligation. Total monthly income equals $1,403/mo, and annual cash flow totals $6,291/yr on $49,062 invested. Return on cash invested prints 32.73% in year one, and rental yield reads 11.38% against a $148,000 entry. Equity gained on principal adds $955/yr, while 5% annual appreciation compiles into $40,890 by year five. Five-year ROI reaches 171.36% and total cumulative return in cash sums $84,074. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,403/mo property income covering a $724/mo payment, not borrower’s personal income.
Single Family
Built in 1941
0.32 Acres lot
$N/A/sqft
No HOA
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Listed by: Kelsie Brake • SPRINGSTON REAL ESTATE
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10154040
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