1541 Diamond RdFayettevilleNC28311
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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 1541 Diamond Rd, Fayetteville, NC, 28311 uses $39,449 cash to close to unlock $2,654/yr annual cash flow and $221/mo monthly cash flow. Total monthly income runs $946/mo, and a $582/mo payment keeps the spread at $221/mo. Purchase price stands at $119,000, and rental yield measures 9.54% with $946/mo rent. Return on cash invested shows 26.64% in year one, and 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 138.91% and total cumulative return in cash records $54,797. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $946/mo property income covering a $582/mo payment rather than investor’s personal income.
Single Family
Built in 1990
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28311, Fayetteville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,965 (100%) |
| Owner Occupied HU | 7,993 (47.1%) |
| Renter Occupied HU | 7,590 (44.7%) |
| Vacant Housing Units | 1,382 ( 8.1%) |
| Median Home Value | $267,769 |
| Average Home Value | $286,491 |
Housing Distribution
Address Breakdown
Residential
16,585
Single Family
14,132
Multi-Family
2,453
Businesses
685
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Listed by: JAMES HALL JR • BLACK SMOKE & ASSOCIATES
Mls Name: LPRMLS
Mls ID: #746202