504 Loom DrFayettevilleNC28306
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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 504 Loom Dr, Fayetteville, NC, 28306 priced at $335,000 converts $2,232/mo rent into $174/mo cash flow after a $1,640/mo obligation. Total monthly income equals $2,232/mo, and annual cash flow totals $2,088/yr on $111,053 invested. Return on cash invested prints 21.79% in year one, and rental yield reads 8% against a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation compiles into $92,554 by year five. Five-year ROI reaches 112.85% and total cumulative return in cash sums $125,324. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,232/mo property income covering a $1,640/mo payment, not borrower’s personal income.
Single Family
Built in 2021
N/A lot
$N/A/sqft
$192 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28306, Fayetteville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,346 (100%) |
| Owner Occupied HU | 11,310 (61.6%) |
| Renter Occupied HU | 5,683 (31.0%) |
| Vacant Housing Units | 1,353 ( 7.4%) |
| Median Home Value | $270,089 |
| Average Home Value | $289,527 |
Housing Distribution
Address Breakdown
Residential
18,429
Single Family
17,357
Multi-Family
1,072
Businesses
1,083
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Listed by: WELCOME HOME TEAM • KELLER WILLIAMS REALTY (FAYETTEVILLE)
Mls Name: LPRMLS
Mls Provider:
Mls ID: #745504
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