1719 Eldridge StFayettevilleNC28301
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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
Rental property for sale in Fayetteville at 1719 Eldridge St, Fayetteville, NC, 28301 generates $1,944/mo in rent and, after a $1,346/mo payment, leaves $269/mo in cash flow. Total monthly income is $1,944/mo, and annual cash flow is $3,229/yr on $91,129 invested. Return on cash invested sits at 23.45% in year one, and rental yield is 8.49% on a $274,900 entry. Equity gained on principal adds $1,774/yr, while 5% annual appreciation builds toward $75,950 over five years. Five-year ROI reaches 121.76% and total cumulative return in cash sums $110,955. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,944/mo property income rather than buyer’s personal income.
Single Family
Built in 1966
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28301, Fayetteville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,369 (100%) |
| Owner Occupied HU | 2,645 (31.6%) |
| Renter Occupied HU | 4,447 (53.1%) |
| Vacant Housing Units | 1,277 (15.3%) |
| Median Home Value | $150,724 |
| Average Home Value | $214,386 |
Housing Distribution
Address Breakdown
Residential
7,784
Single Family
6,449
Multi-Family
1,335
Businesses
1,282
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Listed by: FRANK BAILEY • KINGDOM REAL ESTATE LLC.
Mls Name: LPRMLS
Mls ID: #750898