520 Fayetteville StNewton GroveNC28366
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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 Newton Grove at 520 Fayetteville St, Newton Grove, NC, 28366 offers $0/mo rent that, after a $876/mo payment. Total monthly income is $0/mo. Return on cash invested measures -2.15% in year one, and rental yield stands at 0% at a $179,000 entry. Equity gained on principal adds $1,155/yr while 5% annual appreciation compounds into $49,454 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $876/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28366, Newton Grove, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,965 (100%) |
| Owner Occupied HU | 1,247 (63.5%) |
| Renter Occupied HU | 472 (24.0%) |
| Vacant Housing Units | 246 (12.5%) |
| Median Home Value | $160,846 |
| Average Home Value | $211,959 |
Housing Distribution
Address Breakdown
Residential
2,096
Single Family
2,096
Multi-Family
0
Businesses
157
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Sylvia Phillips • Ready To Move Realty
Mls Name: Doorify MLS
Mls ID: #10115947