1602 Otlahurst DrFairmontWV26554
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 1602 Otlahurst Dr, Fairmont, WV, 26554 in Fairmont. Priced at $198,000, it generates $2,008/mo in gross rent and $844/mo in net monthly cash flow, a 12.17% yield that comfortably supports the 2.26 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $10,123. Five-year appreciation: $54,704. Equity from principal paydown: $1,824/yr. Total projected cumulative return: $129,182.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.2% | 7.8% |
| Monthly Cash Flow | $844 | $450 |
City averages based on Fairmont market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,008 |
| Total Monthly Debt Service | $1,085 |
| DSCR Ratio | 1.85x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1956
0.27 Acres lot
$N/A/sqft
No HOA
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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
Single Family
Built in 1956
0.27 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices