306 Glenola StFayettevilleNC28311
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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 306 Glenola St, Fayetteville, NC, 28311 priced at $199,900 converts $1,944/mo rent into $726/mo cash flow after a $978/mo obligation. Total monthly income equals $1,944/mo, and annual cash flow totals $8,713/yr on $66,267 invested. Return on cash invested prints 33.06% in year one, and rental yield reads 11.67% against a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation compiles into $55,229 by year five. Five-year ROI reaches 173.28% and total cumulative return in cash sums $114,829. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,944/mo property income covering a $978/mo payment, not borrower’s personal income.
Single Family
Built in 1959
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28311, Fayetteville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,965 (100%) |
| Owner Occupied HU | 7,993 (47.1%) |
| Renter Occupied HU | 7,590 (44.7%) |
| Vacant Housing Units | 1,382 ( 8.1%) |
| Median Home Value | $267,769 |
| Average Home Value | $286,491 |
Housing Distribution
Address Breakdown
Residential
16,585
Single Family
14,132
Multi-Family
2,453
Businesses
685
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Listed by: MARY KIM • MILITARY FAMILY REALTY LLC
Mls Name: LPRMLS
Mls ID: #754571