1203 Simpson StFayettevilleNC28305
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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 1203 Simpson St, Fayetteville, NC, 28305 listed at $178,500 pairs $1,608/mo rent with a $874/mo payment to leave $520/mo cash flow. Total monthly income runs $1,608/mo, and annual cash flow reaches $6,238/yr on $59,173 cash to close. Return on cash invested measures 30.45% in year one, and rental yield registers 10.81% at a $178,500 basis. Equity gained on principal adds $1,152/yr, and annual property appreciation at 5% supports $49,316 by year five. Five-year ROI tracks 159.26% and total cumulative return in cash totals $94,238. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,608/mo property income relative to a $874/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
N/A lot
$N/A/sqft
No 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: BECKI BOLTON TEAM POWERED BY COLDWELL BANKER ADVANTAGE • COLDWELL BANKER ADVANTAGE - FAYETTEVILLE
Mls Name: LPRMLS
Mls Provider:
Mls ID: #746661
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.