1831 Tryon Dr UNIT 2FayettevilleNC28303
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 1831 Tryon Dr UNIT 2, Fayetteville, NC, 28303 in Fayetteville at $101,000 earns $760/mo in rent and nets $5/mo after the $454/mo payment, a 9.03% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $27,904 over five years. Ziffy Mortgage underwrites this on a 1.67 DSCR without U.S. credit history. With $930/yr in principal paydown, total projected return reaches $39,238.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 7.2% |
| Monthly Cash Flow | $5 | $850 |
City averages based on Fayetteville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $760 |
| Total Monthly Debt Service | $714 |
| DSCR Ratio | 1.06x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1986
N/A lot
$N/A/sqft
$139 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28303, Fayetteville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,561 (100%) |
| Owner Occupied HU | 6,519 (41.9%) |
| Renter Occupied HU | 7,585 (48.7%) |
| Vacant Housing Units | 1,457 ( 9.4%) |
| Median Home Value | $215,495 |
| Average Home Value | $259,389 |
Housing Distribution
Address Breakdown
Residential
15,224
Single Family
12,970
Multi-Family
2,254
Businesses
1,792
Nearby investment properties with comparable rents
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
Condo
Built in 1986
N/A lot
$N/A/sqft
$139 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28303, Fayetteville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,561 (100%) |
| Owner Occupied HU | 6,519 (41.9%) |
| Renter Occupied HU | 7,585 (48.7%) |
| Vacant Housing Units | 1,457 ( 9.4%) |
| Median Home Value | $215,495 |
| Average Home Value | $259,389 |
Housing Distribution
Address Breakdown
Residential
15,224
Single Family
12,970
Multi-Family
2,254
Businesses
1,792
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: AMANDA STONE • RE/MAX CHOICE
Mls Name: LPRMLS
Mls Provider:
Mls ID: #738932
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.