1100 Clarendon St APT 611FayettevilleNC28305
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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
Rental property for sale in Fayetteville at 1100 Clarendon St APT 611, Fayetteville, NC, 28305 generates $1,247/mo in rent and, after a $649/mo payment, leaves $50/mo in cash flow. Total monthly income is $1,247/mo, and annual cash flow is $600/yr on $43,924 invested. Return on cash invested sits at 21.27% in year one, and rental yield is 11.29% on a $132,500 entry. Equity gained on principal adds $855/yr, while 5% annual appreciation builds toward $36,607 over five years. Five-year ROI reaches 113.91% and total cumulative return in cash sums $50,036. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,247/mo property income rather than buyer’s personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
$389 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: MALINDA CRAVEN • FRANKLIN JOHNSON COMMERCIAL REAL ESTATE
Mls Name: LPRMLS
Mls Provider:
Mls ID: #730178
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.