649 Sassafras DrFairmontWV26554
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 649 Sassafras Dr, Fairmont, WV, 26554 in Fairmont is capital appreciation. Rental yield 5.66%. The 5.66% gross yield at $579,800 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $160,188 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (1.14) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $191,639.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.7% | 7.8% |
| Monthly Cash Flow | $(649) | $450 |
City averages based on Fairmont market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,959 |
| Total Monthly Debt Service | $3,154 |
| DSCR Ratio | 0.94x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2000
5.16 Acres lot
$N/A/sqft
$360 annually HOA
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
Single Family
Built in 2000
5.16 Acres lot
$N/A/sqft
$360 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dennis Finamore • D.G. FINAMORE & ASSOC. LLC
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10158710
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 2025-04-16 12:10:21 PDT