602 Saxon RdFairdaleWV25839
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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 Fairdale at 602 Saxon Rd, Fairdale, WV, 25839 at $145,000 posts ROI 32.66% with $511/mo cash flow from $1,350/mo rent. Total monthly income equals $1,350/mo, and annual cash flow records $6,129/yr on $48,068 to close. Return on cash invested measures 32.66% and rental yield reads 11.17% at the current $145,000. Equity gained on principal adds $936/yr, and 5% annual appreciation supports $40,061 by year five. Five-year ROI prints 170.7% and total cumulative return in cash totals $82,052.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,350/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1855
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25839, Fairdale, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 380 (100%) |
| Owner Occupied HU | 290 (76.3%) |
| Renter Occupied HU | 37 ( 9.7%) |
| Vacant Housing Units | 53 (13.9%) |
| Median Home Value | $112,500 |
| Average Home Value | $146,224 |
Housing Distribution
Address Breakdown
Residential
34
Single Family
34
Multi-Family
0
Businesses
12
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Listed by: Sarah Edwards • ARMES REAL ESTATE & LAND COMPANY INC.
Mls Name: Beckley BOR
Mls Provider:
Mls ID: #90478
Disclaimer: IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.