1379 Worstead DrFayettevilleNC28314
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 1379 Worstead Dr, Fayetteville, NC, 28314 uses $76,079 cash to close to unlock $5,479/yr annual cash flow and $457/mo monthly cash flow. Total monthly income runs $1,855/mo, and a $1,123/mo payment keeps the spread at $457/mo. Purchase price stands at $229,500, and rental yield measures 9.7% with $1,855/mo rent. Return on cash invested shows 27.11% in year one, and 5% annual appreciation builds toward $63,407 over five years. Five-year ROI reaches 141.37% and total cumulative return in cash records $107,550. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,855/mo property income covering a $1,123/mo payment rather than investor’s personal income.
Single Family
Built in 1984
0.36 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: TEAM JONES • RE/MAX CHOICE
Mls Name: LPRMLS
Mls ID: #751809