217 Chicago 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
Rental property for sale in Fairmont at 217 Chicago St, Fairmont, WV, 26554 offers $1,343/mo rent that, after a $856/mo payment, leaves $313/mo cash flow. Total monthly income is $1,343/mo, and annual cash flow is $3,761/yr on $57,979 cash. Return on cash invested measures 26.4% in year one, and rental yield stands at 9.21% at a $174,900 entry. Equity gained on principal adds $1,129/yr while 5% annual appreciation compounds into $48,322 by year five. Five-year ROI records 137.28% and total cumulative return in cash reaches $79,596. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,343/mo property income versus a $856/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
6,969 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Stephanie Lindsey • J.S. WALKER ASSOC.
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10158994
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 2025-04-19 11:21:35 PDT