1518 Farrell StFairmontWV26554
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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 1518 Farrell St, Fairmont, WV, 26554 earns $491/mo cash flow from $1,908/mo rent with a $1,199/mo payment. Total monthly income totals $1,908/mo, and annual cash flow totals $5,888/yr on $81,184 capital. ROI tracks 27.16% on current figures, and rental yield reads 9.35% at a $244,900 purchase. Equity gained on principal adds $1,580/yr, and 5% annual appreciation supports $67,661 over five years. Five-year ROI reaches 141.21% and total cumulative return in cash sums $114,641. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,908/mo property income instead of your personal income.
Single Family
Built in 1965
7,840 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Jacob Young • COMMODORE REALTY LLC
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10155603
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