429 Moore StFayettevilleNC28301
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 429 Moore St, Fayetteville, NC, 28301 priced at $240,000 converts $1,919/mo rent into $456/mo cash flow after a $1,175/mo obligation. Total monthly income equals $1,919/mo, and annual cash flow totals $5,472/yr on $79,560 invested. Return on cash invested prints 26.79% in year one, and rental yield reads 9.59% against a $240,000 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation compiles into $66,308 by year five. Five-year ROI reaches 139.6% and total cumulative return in cash sums $111,062. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,919/mo property income covering a $1,175/mo payment, not borrower’s personal income.
Single Family
Built in 1915
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: IRONWOOD REALTY GROUP POWERED BY REAL BROKER LLC • REAL BROKER LLC
Mls Name: LPRMLS
Mls ID: #750831