227 Homewood AveFairmontWV26554
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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 227 Homewood Ave, Fairmont, WV, 26554 listed at $180,000 pairs $1,712/mo rent with a $881/mo payment to leave $671/mo cash flow. Total monthly income runs $1,712/mo, and annual cash flow reaches $8,046/yr on $59,670 cash to close. Return on cash invested measures 33.39% in year one, and rental yield registers 11.41% at a $180,000 basis. Equity gained on principal adds $1,162/yr, and annual property appreciation at 5% supports $49,731 by year five. Five-year ROI tracks 174.67% and total cumulative return in cash totals $104,225. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,712/mo property income relative to a $881/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1930
10,018 sqft lot
$N/A/sqft
No HOA
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Listed by: NICHOLAS R PERPERAS • VENTURE REAL ESTATE
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10162218
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 2026-01-14 03:32:55 PST