2364 School House 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 2364 School House Rd, Fairmont, WV, 26554 priced at $449,900 converts $2,678/mo rent into $12/mo cash flow after a $2,202/mo obligation. Total monthly income equals $2,678/mo, and annual cash flow totals $147/yr on $149,142 invested. Return on cash invested prints 20.01% in year one, and rental yield reads 7.14% against a $449,900 entry. Equity gained on principal adds $2,903/yr, while 5% annual appreciation compiles into $124,299 by year five. Five-year ROI reaches 103.04% and total cumulative return in cash sums $153,682. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,678/mo property income covering a $2,202/mo payment, not borrower’s personal income.
Single Family
Built in 2021
0.30 Acres 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: #10158694
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 2025-04-15 12:20:08 PDT