3371 Galleria DrFayettevilleNC28303
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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 3371 Galleria Dr, Fayetteville, NC, 28303 uses $37,791 cash to close to unlock $278/yr annual cash flow and $23/mo monthly cash flow. Total monthly income runs $893/mo, and a $558/mo payment keeps the spread at $23/mo. Purchase price stands at $114,000, and rental yield measures 9.4% with $893/mo rent. Return on cash invested shows 20.65% in year one, and 5% annual appreciation builds toward $31,496 over five years. Five-year ROI reaches 108.81% and total cumulative return in cash records $41,119. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $893/mo property income covering a $558/mo payment rather than investor’s personal income.
Condo
Built in 1992
N/A lot
$N/A/sqft
$175 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28303, Fayetteville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,561 (100%) |
| Owner Occupied HU | 6,519 (41.9%) |
| Renter Occupied HU | 7,585 (48.7%) |
| Vacant Housing Units | 1,457 ( 9.4%) |
| Median Home Value | $215,495 |
| Average Home Value | $259,389 |
Housing Distribution
Address Breakdown
Residential
15,224
Single Family
12,970
Multi-Family
2,254
Businesses
1,792
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Listed by: MELISSA RAMBIN • COLDWELL BANKER ADVANTAGE - FAYETTEVILLE
Mls Name: LPRMLS
Mls Provider:
Mls ID: #749542
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.