1515 Edgeway DrFairmontWV26554








Nearby investment properties with comparable rents
Nearby investment properties with comparable prices

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 1515 Edgeway Dr, Fairmont, WV, 26554 offers $2,549/mo rent that, after a $1,936/mo payment, leaves $260/mo cash flow. Total monthly income is $2,549/mo, and annual cash flow is $3,124/yr on $131,108 cash. Return on cash invested measures 22.29% in year one, and rental yield stands at 7.73% at a $395,500 entry. Equity gained on principal adds $2,552/yr while 5% annual appreciation compounds into $109,269 by year five. Five-year ROI records 115.11% and total cumulative return in cash reaches $150,919. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,549/mo property income versus a $1,936/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1911
9,583 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices



Listed by: DEBBIE MERRILL • FLOYD REAL ESTATE, INC
Mls Name: NCWV REIN
Mls ID: #10162643







