550 Carter StFairmontWV26554
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
Investment Highlights
Investment property for sale in Fairmont at 550 Carter St, Fairmont, WV, 26554 uses $44,719 cash to close to unlock $2,187/yr annual cash flow and $182/mo monthly cash flow. Total monthly income runs $1,056/mo, and a $660/mo payment keeps the spread at $182/mo. Purchase price stands at $134,900, and rental yield measures 9.39% with $1,056/mo rent. Return on cash invested shows 24.8% in year one, and 5% annual appreciation builds toward $37,270 over five years. Five-year ROI reaches 129.54% and total cumulative return in cash records $57,929. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,056/mo property income covering a $660/mo payment rather than investor’s personal income.
Single Family
Built in 1937
3,920 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shannon Onderko • SPRINGSTON REAL ESTATE
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10158804
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 2025-04-09 11:11:21 PDT