6 Misty LnFairmontWV26554
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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 6 Misty Ln, Fairmont, WV, 26554 priced at $269,999 pairs $3,475/mo rent with $1,857/mo cash flow after a $1,322/mo payment. Total monthly income equals $3,475/mo, and annual cash flow comes to $22,279/yr on $89,505 invested. Return on cash invested is 44.8% in year one, and rental yield stands at 15.44% on a $269,999 basis. Equity gained on principal adds $1,742/yr, and 5% annual appreciation accumulates to $74,596 by year five. Five-year ROI measures 236.1% and total cumulative return in cash reaches $211,321. For financing, Ziffy Mortgage’s DSCR program evaluates $3,475/mo property income against a $1,322/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2020
1,698 sqft lot
$N/A/sqft
$668 annually HOA
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Nearby investment properties with comparable prices
Listed by: David Robinson • COMMODORE REALTY LLC
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10155457
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 2024-02-07 10:15:58 PST