5117 Palmetto LnFayettevilleNC28304
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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
Investment property for sale in Fayetteville at 5117 Palmetto Ln, Fayetteville, NC, 28304 offers a 10.07% rental yield on a $168,000 purchase with $1,410/mo rent. Total monthly income registers $1,410/mo, and a $822/mo payment leaves $386/mo available for distribution. Annual cash flow reaches $4,637/yr on $55,692 to close, and return on cash invested stands at 28.23% in year one. Equity gained on principal adds $1,084/yr while 5% annual appreciation supports $46,415 over five years. Portfolio math shows five-year ROI at 147.39% and total cumulative return in cash at $82,085. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,410/mo property income against a $822/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28304, Fayetteville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,676 (100%) |
| Owner Occupied HU | 8,350 (50.1%) |
| Renter Occupied HU | 6,882 (41.3%) |
| Vacant Housing Units | 1,444 ( 8.7%) |
| Median Home Value | $204,223 |
| Average Home Value | $229,988 |
Housing Distribution
Address Breakdown
Residential
17,008
Single Family
14,542
Multi-Family
2,466
Businesses
1,253
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Listed by: ANN PRATT • ERA STROTHER REAL ESTATE
Mls Name: LPRMLS
Mls ID: #748855