408 Cityview LnFayettevilleNC28301
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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
Rental property for sale in Fayetteville at 408 Cityview Ln, Fayetteville, NC, 28301 priced at $149,900 pairs $1,470/mo rent with $556/mo cash flow after a $734/mo payment. Total monthly income equals $1,470/mo, and annual cash flow comes to $6,673/yr on $49,692 invested. Return on cash invested is 33.34% in year one, and rental yield stands at 11.77% on a $149,900 basis. Equity gained on principal adds $967/yr, and 5% annual appreciation accumulates to $41,415 by year five. Five-year ROI measures 174.83% and total cumulative return in cash reaches $86,879. For financing, Ziffy Mortgage’s DSCR program evaluates $1,470/mo property income against a $734/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2006
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28301, Fayetteville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,369 (100%) |
| Owner Occupied HU | 2,645 (31.6%) |
| Renter Occupied HU | 4,447 (53.1%) |
| Vacant Housing Units | 1,277 (15.3%) |
| Median Home Value | $150,724 |
| Average Home Value | $214,386 |
Housing Distribution
Address Breakdown
Residential
7,784
Single Family
6,449
Multi-Family
1,335
Businesses
1,282
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Listed by: KENNETH BAREFOOT • COLDWELL BANKER ADVANTAGE - FAYETTEVILLE
Mls Name: LPRMLS
Mls ID: #750989