393-395 Hicks AveFayettevilleNC28304
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 393-395 Hicks Ave, Fayetteville, NC, 28304 earns from $1,984/mo rent with a $1,948/mo payment. Total monthly income totals $1,984/mo. ROI tracks 15.89% on current figures, and rental yield reads 5.98% at a $398,000 purchase. Equity gained on principal adds $2,568/yr, and 5% annual appreciation supports $109,960 over five years. Five-year ROI reaches 81.19% and total cumulative return in cash sums $107,124. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,984/mo property income instead of your personal income.
Multi Family
Built in 2021
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28304, Fayetteville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,676 (100%) |
| Owner Occupied HU | 8,350 (50.1%) |
| Renter Occupied HU | 6,882 (41.3%) |
| Vacant Housing Units | 1,444 ( 8.7%) |
| Median Home Value | $204,223 |
| Average Home Value | $229,988 |
Housing Distribution
Address Breakdown
Residential
17,008
Single Family
14,542
Multi-Family
2,466
Businesses
1,253
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: AMY REYNOLDS • ACE REAL ESTATE
Mls Name: LPRMLS
Mls ID: #749983