22 Freeland 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
Investment property for sale in Fairmont at 22 Freeland St, Fairmont, WV, 26554 with 5% annual appreciation on a $159,900 basis while $1,238/mo rent supports operations. Total monthly income totals $1,238/mo and a $783/mo payment preserves $312/mo for cash returns. Annual cash flow comes to $3,749/yr on $53,007 deployed, and return on cash invested reaches 26.98% in year one. Equity gained on principal adds $1,032/yr, and five-year appreciation sums $44,177 alongside rental yield of 9.29%. Five-year ROI measures 140.3% and total cumulative return in cash totals $74,370.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,238/mo property income versus a $783/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1909
5,532 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: JEREMY MAXWELL • COMMODORE REALTY LLC
Mls Name: NCWV REIN
Mls ID: #10163102