306 Clark StFairmontWV26554
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 306 Clark St, Fairmont, WV, 26554 in Fairmont: $1,543/mo in rent, $790/mo net, 14.7% gross yield, all on a $126,000 acquisition. The 2.72 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $34,811 in value, and $1,160/yr in principal paydown steadily builds equity. Projected total cumulative return: $98,495.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.7% | 7.8% |
| Monthly Cash Flow | $790 | $450 |
City averages based on Fairmont market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,543 |
| Total Monthly Debt Service | $703 |
| DSCR Ratio | 2.20x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1929
0.28 Acres lot
$N/A/sqft
No 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 1929
0.28 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: ELIZABETH KOERBER • OLD COLONY, REALTORS
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10159976
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 2025-10-21 04:06:44 PDT