24 Penrose StFairmontWV26554
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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 24 Penrose St, Fairmont, WV, 26554 generates $1,951/mo in rent and, after a $1,248/mo payment, leaves $330/mo in cash flow. Total monthly income is $1,951/mo, and annual cash flow is $3,958/yr on $84,533 invested. Return on cash invested sits at 24.59% in year one, and rental yield is 9.18% on a $255,000 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 128.17% and total cumulative return in cash sums $108,344. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,951/mo property income rather than buyer’s personal income.
Single Family
Built in 1987
0.56 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: DENNIS FINAMORE • D.G. FINAMORE & ASSOC. LLC
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10160437
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 2025-10-13 22:12:30 PDT