2060 Wade Stedman RdStedmanNC28391
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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 Stedman at 2060 Wade Stedman Rd, Stedman, NC, 28391 offers a 6.92% rental yield on a $292,000 purchase with $1,685/mo rent. 74% in year one. Equity gained on principal adds $1,884/yr while 5% annual appreciation supports $80,674 over five years. Portfolio math shows five-year ROI at 96.46% and total cumulative return in cash at $93,368. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,685/mo property income against a $1,429/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28391, Stedman, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,583 (100%) |
| Owner Occupied HU | 1,877 (72.7%) |
| Renter Occupied HU | 488 (18.9%) |
| Vacant Housing Units | 218 ( 8.4%) |
| Median Home Value | $246,369 |
| Average Home Value | $247,255 |
Housing Distribution
Address Breakdown
Residential
2,431
Single Family
2,407
Multi-Family
24
Businesses
122
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Listed by: MEGAN SHOFF • KELLER WILLIAMS REALTY (FAYETTEVILLE)
Mls Name: LPRMLS
Mls ID: #755501