330 Grassy Run RdFairmontWV26554
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 330 Grassy Run Rd, Fairmont, WV, 26554 in Fairmont at $199,000 earns $1,338/mo in rent and nets $187/mo after the $895/mo payment, a 8.07% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $54,980 over five years. Ziffy Mortgage underwrites this on a 1.49 DSCR without U.S. credit history. With $1,833/yr in principal paydown, total projected return reaches $87,114.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 7.8% |
| Monthly Cash Flow | $187 | $450 |
City averages based on Fairmont market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,338 |
| Total Monthly Debt Service | $1,072 |
| DSCR Ratio | 1.25x |
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 1919
1.26 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 1919
1.26 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tre Kerns • WHITETAIL PROPERTIES REAL ESTATE, LLC
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10159462
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 2025-10-23 01:10:26 PDT