117 Underwood St #119FayettevilleNC28301
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
Investment Highlights
Investment property for sale in Fayetteville at 117 Underwood St #119, Fayetteville, NC, 28301 listed at $319,000 pairs $1,411/mo rent with a $1,561/mo payment. Total monthly income runs $1,411/mo. Return on cash invested measures 13.86% in year one, and rental yield registers 5.31% at a $319,000 basis. Equity gained on principal adds $2,058/yr, and annual property appreciation at 5% supports $88,134 by year five. Five-year ROI tracks 70.31% and total cumulative return in cash totals $74,353. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,411/mo property income relative to a $1,561/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 2021
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28301, Fayetteville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,369 (100%) |
| Owner Occupied HU | 2,645 (31.6%) |
| Renter Occupied HU | 4,447 (53.1%) |
| Vacant Housing Units | 1,277 (15.3%) |
| Median Home Value | $150,724 |
| Average Home Value | $214,386 |
Housing Distribution
Address Breakdown
Residential
7,784
Single Family
6,449
Multi-Family
1,335
Businesses
1,282
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: AMY REYNOLDS • ACE REAL ESTATE
Mls Name: LPRMLS
Mls ID: #751230