1357 N Forest DrFayettevilleNC28303
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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 1357 N Forest Dr, Fayetteville, NC, 28303 generates $913/mo in rent and, after a $587/mo payment, leaves $182/mo in cash flow. Total monthly income is $913/mo, and annual cash flow is $2,184/yr on $39,780 invested. Return on cash invested sits at 25.4% in year one, and rental yield is 9.13% on a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 132.14% and total cumulative return in cash sums $52,567. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $913/mo property income rather than buyer’s personal income.
Townhouse
Built in 1989
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28303, Fayetteville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,561 (100%) |
| Owner Occupied HU | 6,519 (41.9%) |
| Renter Occupied HU | 7,585 (48.7%) |
| Vacant Housing Units | 1,457 ( 9.4%) |
| Median Home Value | $215,495 |
| Average Home Value | $259,389 |
Housing Distribution
Address Breakdown
Residential
15,224
Single Family
12,970
Multi-Family
2,254
Businesses
1,792
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Listed by: CJ Jones • Mark Spain Real Estate
Mls Name: Doorify MLS
Mls ID: #10124322