324 Garrett AveFairmontWV26554
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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 324 Garrett Ave, Fairmont, WV, 26554 generates $856/mo in rent and, after a $526/mo payment, leaves $234/mo in cash flow. Total monthly income is $856/mo, and annual cash flow is $2,810/yr on $35,636 invested. Return on cash invested sits at 27.79% in year one, and rental yield is 9.56% on a $107,500 entry. Equity gained on principal adds $694/yr, while 5% annual appreciation builds toward $29,700 over five years. Five-year ROI reaches 144.71% and total cumulative return in cash sums $51,571. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $856/mo property income rather than buyer’s personal income.
Single Family
Built in 1948
9,931 sqft lot
$N/A/sqft
No HOA
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Listed by: JOSHUA MILLER • BLUE SKY REALTY, LLC
Mls Name: NCWV REIN
Mls ID: #10162256