2616 Elmhurst 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 2616 Elmhurst Dr, Fayetteville, NC, 28304 listed at $339,999 pairs $2,071/mo rent with a $1,664/mo payment. Total monthly income runs $2,071/mo. Return on cash invested measures 19.9% in year one, and rental yield registers 7.31% at a $339,999 basis. Equity gained on principal adds $2,194/yr, and annual property appreciation at 5% supports $93,935 by year five. Five-year ROI tracks 102.65% and total cumulative return in cash totals $115,698. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,071/mo property income relative to a $1,664/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1964
0.36 Acres 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: RISHI SHAH • RES-COMM REAL ESTATE, LLC.
Mls Name: LPRMLS
Mls Provider:
Mls ID: #732755
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.