223 Fairview AveClarksburgWV26301
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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 Clarksburg at 223 Fairview Ave, Clarksburg, WV, 26301 listed at $165,900 pairs $1,676/mo rent with a $812/mo payment to leave $681/mo cash flow. Total monthly income runs $1,676/mo, and annual cash flow reaches $8,166/yr on $54,996 cash to close. Return on cash invested measures 34.76% in year one, and rental yield registers 12.12% at a $165,900 basis. Equity gained on principal adds $1,071/yr, and annual property appreciation at 5% supports $45,835 by year five. Five-year ROI tracks 182.25% and total cumulative return in cash totals $100,230. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,676/mo property income relative to a $812/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26301, Clarksburg, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,136 (100%) |
| Owner Occupied HU | 8,095 (57.3%) |
| Renter Occupied HU | 4,166 (29.5%) |
| Vacant Housing Units | 1,875 (13.3%) |
| Median Home Value | $158,054 |
| Average Home Value | $186,693 |
Housing Distribution
Address Breakdown
Residential
12,787
Single Family
12,089
Multi-Family
698
Businesses
854
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Listed by: Gary Weaver • NELSON-HOWARD REAL ESTATE, LLC
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10154751
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 2024-02-07 10:15:58 PST