600 E Park 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
Investment property for sale in Fairmont at 600 E Park Ave, Fairmont, WV, 26554 at $210,000 posts ROI 54.71% with $2,019/mo cash flow from $3,306/mo rent. Total monthly income equals $3,306/mo, and annual cash flow records $24,230/yr on $69,615 to close. Return on cash invested measures 54.71% and rental yield reads 18.89% at the current $210,000. Equity gained on principal adds $1,355/yr, and 5% annual appreciation supports $58,019 by year five. Five-year ROI prints 289.46% and total cumulative return in cash totals $201,508.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,306/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1910
3,049 sqft lot
$N/A/sqft
No HOA
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Listed by: Aubrey Vessecchia • RE/MAX TAKE ME HOME
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10155997
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