261 Charolais CirFairmontWV26554
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play261 Charolais Cir, Fairmont, WV, 26554 in Fairmont is priced for appreciation, not yield. Rental yield 5.92%. At $310,000 with a 5.92% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $85,647 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (1.10) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $97,056.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.9% | 7.8% |
| Monthly Cash Flow | $(314) | $450 |
City averages based on Fairmont market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,530 |
| Total Monthly Debt Service | $1,720 |
| DSCR Ratio | 0.89x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2025
8,276 sqft lot
$N/A/sqft
$600 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2025
8,276 sqft lot
$N/A/sqft
$600 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Becky Rees • KLM PROPERTIES, INC
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10158247
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 2025-03-18 12:10:13 PDT