1802 Morganton RdFayettevilleNC28305
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Nearby investment properties with comparable prices
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 1802 Morganton Rd, Fayetteville, NC, 28305 listed at $392,600 pairs $2,389/mo rent with a $1,922/mo payment. Total monthly income runs $2,389/mo. Return on cash invested measures 19.87% in year one, and rental yield registers 7.3% at a $392,600 basis. Equity gained on principal adds $2,533/yr, and annual property appreciation at 5% supports $108,468 by year five. Five-year ROI tracks 102.51% and total cumulative return in cash totals $133,413. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,389/mo property income relative to a $1,922/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1958
10,018 sqft 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: KELLYANN COSTANZO EASON • NORTHGROUP REAL ESTATE
Mls Name: LPRMLS
Mls ID: #748206