1606 Columbia Dr,Fairmont,WV,26554

Investment Highlights

Investment property for sale in Fairmont at 1606 Columbia Dr, Fairmont, WV, 26554 listed at $158,800 pairs $1,274/mo rent with a $777/mo payment to leave $355/mo cash flow. Total monthly income runs $1,274/mo, and annual cash flow reaches $4,265/yr on $52,642 cash to close. Return on cash invested measures 28.01% in year one, and rental yield registers 9.63% at a $158,800 basis. Equity gained on principal adds $1,025/yr, and annual property appreciation at 5% supports $43,874 by year five. Five-year ROI tracks 145.84% and total cumulative return in cash totals $76,773. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,274/mo property income relative to a $777/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).