1113 Hodhat 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
Rental property for sale in Fayetteville at 1113 Hodhat Dr, Fayetteville, NC, 28314 priced at $244,900 converts $2,132/mo rent into $622/mo cash flow after a $1,199/mo obligation. Total monthly income equals $2,132/mo, and annual cash flow totals $7,461/yr on $81,184 invested. Return on cash invested prints 29.1% in year one, and rental yield reads 10.45% against a $244,900 entry. Equity gained on principal adds $1,580/yr, while 5% annual appreciation compiles into $67,661 by year five. Five-year ROI reaches 152.12% and total cumulative return in cash sums $123,497. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,132/mo property income covering a $1,199/mo payment, not borrower’s personal income.
Single Family
Built in 1994
0.27 Acres 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: MITZIE NEWMAN • CENTURY 21 The Realty Group
Mls Name: LPRMLS
Mls Provider:
Mls ID: #734650
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.