5609 Renown Rd LOT 61FayettevilleNC28314
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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 5609 Renown Rd LOT 61, Fayetteville, NC, 28314 listed at $384,000 pairs $2,825/mo rent with a $1,879/mo payment to leave $435/mo cash flow. Total monthly income runs $2,825/mo, and annual cash flow reaches $5,222/yr on $127,296 cash to close. Return on cash invested measures 24.01% in year one, and rental yield registers 8.83% at a $384,000 basis. Equity gained on principal adds $2,478/yr, and annual property appreciation at 5% supports $106,092 by year five. Five-year ROI tracks 124.91% and total cumulative return in cash totals $159,008. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,825/mo property income relative to a $1,879/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
0.27 Acres lot
$N/A/sqft
$600 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28314, Fayetteville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,364 (100%) |
| Owner Occupied HU | 10,918 (43.0%) |
| Renter Occupied HU | 12,332 (48.6%) |
| Vacant Housing Units | 2,114 ( 8.3%) |
| Median Home Value | $209,475 |
| Average Home Value | $234,252 |
Housing Distribution
Address Breakdown
Residential
25,385
Single Family
18,530
Multi-Family
6,855
Businesses
947
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Listed by: LATOYA COUNCIL • DR HORTON INC.
Mls Name: LPRMLS
Mls Provider:
Mls ID: #727056
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.