510 6th StFairmontWV26554
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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 510 6th St, Fairmont, WV, 26554 generates $1,073/mo in rent and, after a $699/mo payment, leaves $247/mo in cash flow. Total monthly income is $1,073/mo, and annual cash flow is $2,959/yr on $47,371 invested. Return on cash invested sits at 26.16% in year one, and rental yield is 9.01% on a $142,900 entry. Equity gained on principal adds $922/yr, while 5% annual appreciation builds toward $39,481 over five years. Five-year ROI reaches 135.85% and total cumulative return in cash sums $64,353. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,073/mo property income rather than buyer’s personal income.
Single Family
Built in 1907
4,000 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: TRACY EVANS • FATHOM REALTY LLC
Mls Name: NCWV REIN
Mls ID: #10159239