1605 Morganton RdFayettevilleNC28305
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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 1605 Morganton Rd, Fayetteville, NC, 28305 earns $296/mo cash flow from $2,216/mo rent with a $1,542/mo payment. Total monthly income totals $2,216/mo, and annual cash flow totals $3,552/yr on $104,423 capital. ROI tracks 23.31% on current figures, and rental yield reads 8.44% at a $315,000 purchase. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,029 over five years. Five-year ROI reaches 120.96% and total cumulative return in cash sums $126,305. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,216/mo property income instead of your personal income.
Single Family
Built in 1950
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28305, Fayetteville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,320 (100%) |
| Owner Occupied HU | 1,631 (49.1%) |
| Renter Occupied HU | 1,340 (40.4%) |
| Vacant Housing Units | 349 (10.5%) |
| Median Home Value | $329,521 |
| Average Home Value | $386,757 |
Housing Distribution
Address Breakdown
Residential
3,264
Single Family
2,712
Multi-Family
552
Businesses
682
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Listed by: JENIFER MANTOUX • TOWNSEND REAL ESTATE
Mls Name: LPRMLS
Mls ID: #755338