1920 Harrington RdFayettevilleNC28306
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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 1920 Harrington Rd, Fayetteville, NC, 28306 uses $102,434 cash to close to unlock $2,570/yr annual cash flow and $214/mo monthly cash flow. Total monthly income runs $2,132/mo, and a $1,512/mo payment keeps the spread at $214/mo. Purchase price stands at $309,000, and rental yield measures 8.28% with $2,132/mo rent. Return on cash invested shows 22.42% in year one, and 5% annual appreciation builds toward $85,371 over five years. Five-year ROI reaches 116.37% and total cumulative return in cash records $119,201. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,132/mo property income covering a $1,512/mo payment rather than investor’s personal income.
Single Family
Built in 2016
N/A lot
$N/A/sqft
$35 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28306, Fayetteville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,346 (100%) |
| Owner Occupied HU | 11,310 (61.6%) |
| Renter Occupied HU | 5,683 (31.0%) |
| Vacant Housing Units | 1,353 ( 7.4%) |
| Median Home Value | $270,089 |
| Average Home Value | $289,527 |
Housing Distribution
Address Breakdown
Residential
18,429
Single Family
17,357
Multi-Family
1,072
Businesses
1,083
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Listed by: DONI (LUCINA) CROWELL • RE/MAX CHOICE
Mls Name: LPRMLS
Mls Provider:
Mls ID: #743261
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.