2916 Loon 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 2916 Loon Dr, Fayetteville, NC, 28306 offers a 9.08% rental yield on a $199,500 purchase with $1,510/mo rent. Total monthly income registers $1,510/mo, and a $976/mo payment leaves $295/mo available for distribution. Annual cash flow reaches $3,535/yr on $66,134 to close, and return on cash invested stands at 25.25% in year one. Equity gained on principal adds $1,287/yr while 5% annual appreciation supports $55,118 over five years. Portfolio math shows five-year ROI at 131.42% and total cumulative return in cash at $86,911. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,510/mo property income against a $976/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
N/A 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: STEVE HOGAN • GRANT-MURRAY REAL ESTATE LLC.
Mls Name: LPRMLS
Mls ID: #755479