1911 Wendover DrFayettevilleNC28304
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
Investment Highlights
Investment property for sale in Fayetteville at 1911 Wendover Dr, Fayetteville, NC, 28304 offers a 9.25% rental yield on a $238,000 purchase with $1,834/mo rent. Total monthly income registers $1,834/mo, and a $1,165/mo payment leaves $383/mo available for distribution. Annual cash flow reaches $4,601/yr on $78,897 to close, and return on cash invested stands at 25.74% in year one. Equity gained on principal adds $1,536/yr while 5% annual appreciation supports $65,755 over five years. Portfolio math shows five-year ROI at 134.03% and total cumulative return in cash at $105,742. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,834/mo property income against a $1,165/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28304, Fayetteville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,676 (100%) |
| Owner Occupied HU | 8,350 (50.1%) |
| Renter Occupied HU | 6,882 (41.3%) |
| Vacant Housing Units | 1,444 ( 8.7%) |
| Median Home Value | $204,223 |
| Average Home Value | $229,988 |
Housing Distribution
Address Breakdown
Residential
17,008
Single Family
14,542
Multi-Family
2,466
Businesses
1,253
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: DAVID MILLER • EXP REALTY LLC
Mls Name: LPRMLS
Mls ID: #751855