308 Waterdown Dr APT 12FayettevilleNC28314
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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 308 Waterdown Dr APT 12, Fayetteville, NC, 28314 earns $688/mo cash flow from $1,663/mo rent with a $783/mo payment. Total monthly income totals $1,663/mo, and annual cash flow totals $8,256/yr on $53,040 capital. ROI tracks 35.47% on current figures, and rental yield reads 12.47% at a $160,000 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,205 over five years. Five-year ROI reaches 186.16% and total cumulative return in cash sums $98,738. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,663/mo property income instead of your personal income.
Condo
Built in 1994
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28314, Fayetteville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,364 (100%) |
| Owner Occupied HU | 10,918 (43.0%) |
| Renter Occupied HU | 12,332 (48.6%) |
| Vacant Housing Units | 2,114 ( 8.3%) |
| Median Home Value | $209,475 |
| Average Home Value | $234,252 |
Housing Distribution
Address Breakdown
Residential
25,385
Single Family
18,530
Multi-Family
6,855
Businesses
947
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Listed by: WILLIAM VIVAS • LPT REALTY LLC
Mls Name: LPRMLS
Mls ID: #753355