1511 Edgeway 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 1511 Edgeway Dr, Fairmont, WV, 26554 with 5% annual appreciation on a $125,000 basis while $1,342/mo rent supports operations. Total monthly income totals $1,342/mo and a $612/mo payment preserves $619/mo for cash returns. Annual cash flow comes to $7,423/yr on $41,438 deployed, and return on cash invested reaches 37.82% in year one. Equity gained on principal adds $807/yr, and five-year appreciation sums $34,535 alongside rental yield of 12.88%. Five-year ROI measures 198.44% and total cumulative return in cash totals $82,229.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,342/mo property income versus a $612/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1921
5,227 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Brenda Page • COMPASS REALTY GROUP
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10159025
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 2025-04-30 11:57:21 PDT