609 Farms DrFairmontWV26554
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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 609 Farms Dr, Fairmont, WV, 26554 with 5% annual appreciation on a $120,000 basis while $934/mo rent supports operations. Total monthly income totals $934/mo and a $587/mo payment preserves $240/mo for cash returns. Annual cash flow comes to $2,880/yr on $39,780 deployed, and return on cash invested reaches 27.15% in year one. Equity gained on principal adds $774/yr, and five-year appreciation sums $33,154 alongside rental yield of 9.34%. Five-year ROI measures 141.16% and total cumulative return in cash totals $56,155.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $934/mo property income versus a $587/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1948
0.50 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: MARGARET CALE • EXP REALTY
Mls Name: NCWV REIN
Mls ID: #10162203