2502 Nobie 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
Investment property for sale in Fayetteville at 2502 Nobie St, Fayetteville, NC, 28306 uses $71,273 cash to close to unlock $1,080/yr annual cash flow and $90/mo monthly cash flow. Total monthly income runs $1,400/mo, and a $1,052/mo payment keeps the spread at $90/mo. Purchase price stands at $215,000, and rental yield measures 7.81% with $1,400/mo rent. Return on cash invested shows 21.42% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 110.84% and total cumulative return in cash records $78,997. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,400/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Single Family
Built in 1956
7,405 sqft 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: JESSICA DARLING-BUNCE • DARLING HOMES NC
Mls Name: LPRMLS
Mls ID: #754607