223 Fayette AveFayettevilleWV25840
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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 Fayetteville at 223 Fayette Ave, Fayetteville, WV, 25840 priced at $339,900 converts $1,824/mo rent into after a $1,664/mo obligation. Total monthly income equals $1,824/mo. Return on cash invested prints 18.39% in year one, and rental yield reads 6.44% against a $339,900 entry. Equity gained on principal adds $2,193/yr, while 5% annual appreciation compiles into $93,908 by year five. Five-year ROI reaches 94.13% and total cumulative return in cash sums $106,067. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,824/mo property income covering a $1,664/mo payment, not borrower’s personal income.
Single Family
Built in 1959
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25840, Fayetteville, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,435 (100%) |
| Owner Occupied HU | 2,441 (71.1%) |
| Renter Occupied HU | 672 (19.6%) |
| Vacant Housing Units | 322 ( 9.4%) |
| Median Home Value | $116,807 |
| Average Home Value | $167,351 |
Housing Distribution
Address Breakdown
Residential
3,212
Single Family
3,212
Multi-Family
0
Businesses
285
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Listed by: Tracie Dove • CENTURY 21 JIM LIVELY REALTY
Mls Name: Beckley BOR
Mls Provider:
Mls ID: #90979
Disclaimer: IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.