1817 Vernon 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 1817 Vernon Dr, Fairmont, WV, 26554 offers a 10.42% rental yield on a $224,999 purchase with $1,954/mo rent. Total monthly income registers $1,954/mo, and a $1,101/mo payment leaves $642/mo available for distribution. Annual cash flow reaches $7,709/yr on $74,587 to close, and return on cash invested stands at 30.24% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 157.81% and total cumulative return in cash at $117,705. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,954/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
N/A lot
$N/A/sqft
$120 annually HOA
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Nearby investment properties with comparable prices
Listed by: Joseph Commodore • COMMODORE REALTY LLC
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10158513
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 2025-04-15 12:20:08 PDT