2503 Torcross 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 2503 Torcross Dr, Fayetteville, NC, 28304 priced at $338,000 pairs $2,214/mo rent with $154/mo cash flow after a $1,654/mo payment. Total monthly income equals $2,214/mo, and annual cash flow comes to $1,853/yr on $112,047 invested. Return on cash invested is 21.56% in year one, and rental yield stands at 7.86% on a $338,000 basis. Equity gained on principal adds $2,181/yr, and 5% annual appreciation accumulates to $93,383 by year five. Five-year ROI measures 111.61% and total cumulative return in cash reaches $125,054. For financing, Ziffy Mortgage’s DSCR program evaluates $2,214/mo property income against a $1,654/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1974
N/A 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: WELCOME HOME TEAM POWERED BY KELLER WILLIAMS REALTY • KELLER WILLIAMS REALTY (FAYETTEVILLE)
Mls Name: LPRMLS
Mls ID: #752790