3416 Connection DrFayettevilleNC28311
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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 3416 Connection Dr, Fayetteville, NC, 28311 listed at $319,900 pairs $2,009/mo rent with a $1,566/mo payment to leave $59/mo cash flow. Total monthly income runs $2,009/mo, and annual cash flow reaches $709/yr on $106,047 cash to close. Return on cash invested measures 20.58% in year one, and rental yield registers 7.54% at a $319,900 basis. Equity gained on principal adds $2,064/yr, and annual property appreciation at 5% supports $88,382 by year five. Five-year ROI tracks 106.33% and total cumulative return in cash totals $112,760. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,009/mo property income relative to a $1,566/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2017
0.26 Acres 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: APRIL STEPHENS • EXP REALTY LLC
Mls Name: LPRMLS
Mls Provider:
Mls ID: #741850
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.