1428 Greenock AveFayettevilleNC28304
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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 1428 Greenock Ave, Fayetteville, NC, 28304 at $190,000 posts ROI 28.44% with $448/mo cash flow from $1,613/mo rent. Total monthly income equals $1,613/mo, and annual cash flow records $5,373/yr on $62,985 to close. Return on cash invested measures 28.44% and rental yield reads 10.19% at the current $190,000. Equity gained on principal adds $1,226/yr, and 5% annual appreciation supports $52,494 by year five. Five-year ROI prints 148.51% and total cumulative return in cash totals $93,540.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,613/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1964
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28304, Fayetteville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,676 (100%) |
| Owner Occupied HU | 8,350 (50.1%) |
| Renter Occupied HU | 6,882 (41.3%) |
| Vacant Housing Units | 1,444 ( 8.7%) |
| Median Home Value | $204,223 |
| Average Home Value | $229,988 |
Housing Distribution
Address Breakdown
Residential
17,008
Single Family
14,542
Multi-Family
2,466
Businesses
1,253
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Listed by: ANDI VALENTE • BHHS ALL AMERICAN HOMES #2
Mls Name: LPRMLS
Mls Provider:
Mls ID: #741121
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.