1217 Herring Gull DrFayettevilleNC28306
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 1217 Herring Gull Dr, Fayetteville, NC, 28306 uses $88,676 cash to close to unlock $6,348/yr annual cash flow and $529/mo monthly cash flow. Total monthly income runs $2,159/mo, and a $1,309/mo payment keeps the spread at $529/mo. Purchase price stands at $267,500, and rental yield measures 9.69% with $2,159/mo rent. Return on cash invested shows 27.07% in year one, and 5% annual appreciation builds toward $73,905 over five years. Five-year ROI reaches 141.11% and total cumulative return in cash records $125,132. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,159/mo property income covering a $1,309/mo payment rather than investor’s personal income.
Single Family
Built in 2007
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28306, Fayetteville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,346 (100%) |
| Owner Occupied HU | 11,310 (61.6%) |
| Renter Occupied HU | 5,683 (31.0%) |
| Vacant Housing Units | 1,353 ( 7.4%) |
| Median Home Value | $270,089 |
| Average Home Value | $289,527 |
Housing Distribution
Address Breakdown
Residential
18,429
Single Family
17,357
Multi-Family
1,072
Businesses
1,083
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A