402 Andros DrFayettevilleNC28314
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
Rental property for sale in Fayetteville at 402 Andros Dr, Fayetteville, NC, 28314 offers $1,620/mo rent that, after a $820/mo payment, leaves $599/mo cash flow. Total monthly income is $1,620/mo, and annual cash flow is $7,188/yr on $55,526 cash. Return on cash invested measures 32.85% in year one, and rental yield stands at 11.61% at a $167,500 entry. Equity gained on principal adds $1,081/yr while 5% annual appreciation compounds into $46,277 by year five. Five-year ROI records 172.12% and total cumulative return in cash reaches $95,572. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,620/mo property income versus a $820/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1985
3,484 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: April Stephens • eXp Realty, LLC - C
Mls Name: Doorify MLS
Mls ID: #10127086