1811 Harris 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
Investment property for sale in Fayetteville at 1811 Harris St, Fayetteville, NC, 28301 uses $45,416 cash to close to unlock $11,540/yr annual cash flow and $962/mo monthly cash flow. Total monthly income runs $1,831/mo, and a $671/mo payment keeps the spread at $962/mo. Purchase price stands at $137,000, and rental yield measures 16.04% with $1,831/mo rent. Return on cash invested shows 45.32% in year one, and 5% annual appreciation builds toward $37,851 over five years. Five-year ROI reaches 239.32% and total cumulative return in cash records $108,688. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,831/mo property income covering a $671/mo payment rather than investor’s personal income.
Single Family
Built in 1948
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: KISHA FISHER • ELITE REALTY GROUP
Mls Name: LPRMLS
Mls Provider:
Mls ID: #734692
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.