1041 Patrick DrFayettevilleNC28314
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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 Fayetteville at 1041 Patrick Dr, Fayetteville, NC, 28314 offers a 11.68% rental yield on a $199,900 purchase with $1,946/mo rent. Total monthly income registers $1,946/mo, and a $978/mo payment leaves $728/mo available for distribution. Annual cash flow reaches $8,737/yr on $66,267 to close, and return on cash invested stands at 33.09% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 173.5% and total cumulative return in cash at $114,973. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,946/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28314, Fayetteville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,364 (100%) |
| Owner Occupied HU | 10,918 (43.0%) |
| Renter Occupied HU | 12,332 (48.6%) |
| Vacant Housing Units | 2,114 ( 8.3%) |
| Median Home Value | $209,475 |
| Average Home Value | $234,252 |
Housing Distribution
Address Breakdown
Residential
25,385
Single Family
18,530
Multi-Family
6,855
Businesses
947
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Listed by: KIMBERLY BULLARD • KASTLE PROPERTIES LLC
Mls Name: LPRMLS
Mls ID: #748404