1430 Mingary AveFayettevilleNC28306
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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 1430 Mingary Ave, Fayetteville, NC, 28306 uses $82,875 cash to close to unlock $2,988/yr annual cash flow and $249/mo monthly cash flow. Total monthly income runs $1,773/mo, and a $1,224/mo payment keeps the spread at $249/mo. Purchase price stands at $250,000, and rental yield measures 8.51% with $1,773/mo rent. Return on cash invested shows 23.51% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 122.05% and total cumulative return in cash records $101,146. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,773/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 2007
N/A 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
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Listed by: LESLIE DYSINGER • RE/MAX CHOICE
Mls Name: LPRMLS
Mls ID: #747340