31 Nugget LnFairmontWV26554
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 31 Nugget Ln, Fairmont, WV, 26554 in Fairmont hard to pass up. The 12.26% gross yield on a $175,000 purchase results in $1,788/mo in rent and $775/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.27). Annual cash flow of $9,305, five-year appreciation of $48,349, and $1,612/yr in equity build-up combine for a projected total cumulative return of $115,941.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.3% | 7.8% |
| Monthly Cash Flow | $775 | $450 |
City averages based on Fairmont market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,788 |
| Total Monthly Debt Service | $943 |
| DSCR Ratio | 1.90x |
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.
Manufactured
Built in 1996
0.55 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
Manufactured
Built in 1996
0.55 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: AMY KARNES • NELSON-HOWARD REAL ESTATE, LLC
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10161013
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 2025-10-17 02:22:48 PDT