209 Auburn StFayettevilleNC28306
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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
Rental property for sale in Fayetteville at 209 Auburn St, Fayetteville, NC, 28306 priced at $159,900 converts $1,433/mo rent into $458/mo cash flow after a $783/mo obligation. Total monthly income equals $1,433/mo, and annual cash flow totals $5,497/yr on $53,007 invested. Return on cash invested prints 30.28% in year one, and rental yield reads 10.75% against a $159,900 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation compiles into $44,177 by year five. Five-year ROI reaches 158.41% and total cumulative return in cash sums $83,970. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,433/mo property income covering a $783/mo payment, not borrower’s personal income.
Manufactured
Built in 1985
N/A lot
$N/A/sqft
No 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: BRIAN BREWINGTON • 1ST CHOICE REAL ESTATE
Mls Name: LPRMLS
Mls Provider:
Mls ID: #734089
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.