1100-606 Clarendon St #606FayettevilleNC28305
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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
Total monthly income runs $907/mo, and a $563/mo payment. Purchase price stands at $115,000, and rental yield measures 9.46% with $907/mo rent. Return on cash invested shows 16.89% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 89.99% and total cumulative return in cash records $34,305. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $907/mo property income covering a $563/mo payment rather than investor’s personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
$302 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28305, Fayetteville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,320 (100%) |
| Owner Occupied HU | 1,631 (49.1%) |
| Renter Occupied HU | 1,340 (40.4%) |
| Vacant Housing Units | 349 (10.5%) |
| Median Home Value | $329,521 |
| Average Home Value | $386,757 |
Housing Distribution
Address Breakdown
Residential
3,264
Single Family
2,712
Multi-Family
552
Businesses
682
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Listed by: POLLY SIMPSON • NEXTHOME IN THE PINES
Mls Name: LPRMLS
Mls Provider:
Mls ID: #742620
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