492 Lennox DrFayettevilleNC28303
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 492 Lennox Dr, Fayetteville, NC, 28303 at $308,000 posts ROI 24.09% with $355/mo cash flow from $2,233/mo rent. Total monthly income equals $2,233/mo, and annual cash flow records $4,265/yr on $102,102 to close. Return on cash invested measures 24.09% and rental yield reads 8.7% at the current $308,000. Equity gained on principal adds $1,987/yr, and 5% annual appreciation supports $85,095 by year five. Five-year ROI prints 125.14% and total cumulative return in cash totals $127,768.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,233/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1973
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28303, Fayetteville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,561 (100%) |
| Owner Occupied HU | 6,519 (41.9%) |
| Renter Occupied HU | 7,585 (48.7%) |
| Vacant Housing Units | 1,457 ( 9.4%) |
| Median Home Value | $215,495 |
| Average Home Value | $259,389 |
Housing Distribution
Address Breakdown
Residential
15,224
Single Family
12,970
Multi-Family
2,254
Businesses
1,792
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Listed by: MATTHEW BARRETT • COLDWELL BANKER ADVANTAGE - FAYETTEVILLE
Mls Name: LPRMLS
Mls ID: #749752