1669 Mary Lou Retton 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 1669 Mary Lou Retton Dr, Fairmont, WV, 26554 offers a 7.23% rental yield on a $299,999 purchase with $1,808/mo rent. Total monthly income registers $1,808/mo, and a $1,468/mo payment leaves $73/mo available for distribution. Annual cash flow reaches $870/yr on $99,450 to close, and return on cash invested stands at 20.78% in year one. Equity gained on principal adds $1,936/yr while 5% annual appreciation supports $82,884 over five years. Portfolio math shows five-year ROI at 107.03% and total cumulative return in cash at $106,440. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,808/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
0.45 Acres lot
$N/A/sqft
No HOA
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Listed by: Gabriel Jimmie • RE/MAX TAKE ME HOME
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10155432
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 2025-02-18 09:43:47 PST