3611 Thorndike 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 3611 Thorndike Dr, Fayetteville, NC, 28311 earns $516/mo cash flow from $2,234/mo rent with a $1,380/mo payment. Total monthly income totals $2,234/mo, and annual cash flow totals $6,189/yr on $93,450 capital. ROI tracks 26.53% on current figures, and rental yield reads 9.51% at a $281,900 purchase. Equity gained on principal adds $1,819/yr, and 5% annual appreciation supports $77,884 over five years. Five-year ROI reaches 138.24% and total cumulative return in cash sums $129,185. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,234/mo property income instead of your personal income.
Single Family
Built in 1979
0.39 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: RALPH HARVEY • LISTWITHFREEDOM.COM
Mls Name: LPRMLS
Mls ID: #751967