505 Southwick DrFayettevilleNC28303
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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 505 Southwick Dr, Fayetteville, NC, 28303 offers $2,269/mo rent that, after a $1,346/mo payment, leaves $593/mo cash flow. Total monthly income is $2,269/mo, and annual cash flow is $7,116/yr on $91,163 cash. Return on cash invested measures 27.71% in year one, and rental yield stands at 9.9% at a $275,000 entry. Equity gained on principal adds $1,775/yr while 5% annual appreciation compounds into $75,977 by year five. Five-year ROI records 144.57% and total cumulative return in cash reaches $131,795. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,269/mo property income versus a $1,346/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
N/A 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: EUNICE SHOEMAKER • SWANKY NESTS, LLC.
Mls Name: LPRMLS
Mls ID: #756624