2215 Spindletree DrFayettevilleNC28304
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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 2215 Spindletree Dr, Fayetteville, NC, 28304 offers $1,883/mo rent that, after a $1,011/mo payment, leaves $608/mo cash flow. Total monthly income is $1,883/mo, and annual cash flow is $7,296/yr on $68,455 cash. Return on cash invested measures 30.57% in year one, and rental yield stands at 10.94% at a $206,500 entry. Equity gained on principal adds $1,333/yr while 5% annual appreciation compounds into $57,052 by year five. Five-year ROI records 160.06% and total cumulative return in cash reaches $109,569. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,883/mo property income versus a $1,011/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
6,534 sqft 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
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Listed by: TRACY HOLT • TRACY HOLT REALTY GROUP, LLC.
Mls Name: LPRMLS
Mls Provider:
Mls ID: #732996
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.