247 Summertime RdFayettevilleNC28303
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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 247 Summertime Rd, Fayetteville, NC, 28303 at $1,125,000 posts ROI 8.03% with from $3,109/mo rent. Total monthly income equals $3,109/mo. Return on cash invested measures 8.03% and rental yield reads 3.32% at the current $1,125,000. Equity gained on principal adds $7,259/yr, and 5% annual appreciation supports $310,817 by year five. Five-year ROI prints 38.93% and total cumulative return in cash totals $141,908. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,109/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1985
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28303, Fayetteville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,561 (100%) |
| Owner Occupied HU | 6,519 (41.9%) |
| Renter Occupied HU | 7,585 (48.7%) |
| Vacant Housing Units | 1,457 ( 9.4%) |
| Median Home Value | $215,495 |
| Average Home Value | $259,389 |
Housing Distribution
Address Breakdown
Residential
15,224
Single Family
12,970
Multi-Family
2,254
Businesses
1,792
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Listed by: THE PENNINK TEAMS POWERED BY COLDWELL BANKER ADVANTAGE • COLDWELL BANKER ADVANTAGE - FAYETTEVILLE
Mls Name: LPRMLS
Mls ID: #747233