2627 Cherry Plum DrFayettevilleNC28306
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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 2627 Cherry Plum Dr, Fayetteville, NC, 28306 at $405,000 posts ROI 20.62% with $80/mo cash flow from $2,563/mo rent. Total monthly income equals $2,563/mo, and annual cash flow records $961/yr on $134,258 to close. Return on cash invested measures 20.62% and rental yield reads 7.59% at the current $405,000. Equity gained on principal adds $2,613/yr, and 5% annual appreciation supports $111,894 by year five. Five-year ROI prints 106.64% and total cumulative return in cash totals $143,174.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,563/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2006
10,018 sqft lot
$N/A/sqft
$179 annually 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: BECKI BOLTON TEAM POWERED BY COLDWELL BANKER ADVANTAGE • COLDWELL BANKER ADVANTAGE - FAYETTEVILLE
Mls Name: LPRMLS
Mls Provider:
Mls ID: #743216
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.