227 Joe Kincaid RdFairmontWV26554
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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 227 Joe Kincaid Rd, Fairmont, WV, 26554 priced at $219,776 converts $2,131/mo rent into $717/mo cash flow after a $1,076/mo obligation. Total monthly income equals $2,131/mo, and annual cash flow totals $8,605/yr on $72,856 invested. Return on cash invested prints 31.72% in year one, and rental yield reads 11.64% against a $219,776 entry. Equity gained on principal adds $1,418/yr, while 5% annual appreciation compiles into $60,720 by year five. Five-year ROI reaches 166.57% and total cumulative return in cash sums $121,357. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,131/mo property income covering a $1,076/mo payment, not borrower’s personal income.
Single Family
Built in 2019
7.07 Acres lot
$N/A/sqft
No HOA
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Listed by: Randy Neal • KLM PROPERTIES, INC
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10156531
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 2025-02-18 08:43:47 PST