2219 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
Investment property for sale in Fayetteville at 2219 Spindletree Dr, Fayetteville, NC, 28304 uses $71,902 cash to close to unlock $6,609/yr annual cash flow and $551/mo monthly cash flow. Total monthly income runs $1,873/mo, and a $1,062/mo payment keeps the spread at $551/mo. Purchase price stands at $216,900, and rental yield measures 10.36% with $1,873/mo rent. Return on cash invested shows 29.1% in year one, and 5% annual appreciation builds toward $59,925 over five years. Five-year ROI reaches 152.02% and total cumulative return in cash records $109,306. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,873/mo property income covering a $1,062/mo payment rather than investor’s personal income.
Single Family
Built in 1992
9,147 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: TERESA VIEW • MANNING REALTY
Mls Name: LPRMLS
Mls ID: #753396