3037 Wedgewood DrFayettevilleNC28301
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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 3037 Wedgewood Dr, Fayetteville, NC, 28301 uses $36,465 cash to close to unlock $2,232/yr annual cash flow and $186/mo monthly cash flow. Total monthly income runs $856/mo, and a $538/mo payment keeps the spread at $186/mo. Purchase price stands at $110,000, and rental yield measures 9.34% with $856/mo rent. Return on cash invested shows 26.03% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 135.51% and total cumulative return in cash records $49,416. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $856/mo property income covering a $538/mo payment rather than investor’s personal income.
Single Family
Built in 1964
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28301, Fayetteville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,369 (100%) |
| Owner Occupied HU | 2,645 (31.6%) |
| Renter Occupied HU | 4,447 (53.1%) |
| Vacant Housing Units | 1,277 (15.3%) |
| Median Home Value | $150,724 |
| Average Home Value | $214,386 |
Housing Distribution
Address Breakdown
Residential
7,784
Single Family
6,449
Multi-Family
1,335
Businesses
1,282
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Listed by: REBECCA AUTRY • RIGHT CHOICE REALTY LLC.
Mls Name: LPRMLS
Mls ID: #746877