515 Ohio 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 515 Ohio Ave, Fairmont, WV, 26554 priced at $182,500 converts $1,300/mo rent into $227/mo cash flow after a $893/mo obligation. Total monthly income equals $1,300/mo, and annual cash flow totals $2,725/yr on $60,499 invested. Return on cash invested prints 24.41% in year one, and rental yield reads 8.55% against a $182,500 entry. Equity gained on principal adds $1,178/yr, while 5% annual appreciation compiles into $50,421 by year five. Five-year ROI reaches 126.68% and total cumulative return in cash sums $76,642. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,300/mo property income covering a $893/mo payment, not borrower’s personal income.
Single Family
Built in 1957
7,200 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: MARY ANNE MULLENAX • KEYSTONE REALTY GROUP LLC
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10160037
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 2025-10-27 22:00:26 PDT