601 Woodclift DrFayettevilleNC28311
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 601 Woodclift Dr, Fayetteville, NC, 28311 priced at $192,000 converts $1,705/mo rent into $535/mo cash flow after a $940/mo obligation. Total monthly income equals $1,705/mo, and annual cash flow totals $6,415/yr on $63,648 invested. Return on cash invested prints 29.99% in year one, and rental yield reads 10.66% against a $192,000 entry. Equity gained on principal adds $1,239/yr, while 5% annual appreciation compiles into $53,046 by year five. Five-year ROI reaches 156.79% and total cumulative return in cash sums $99,796. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,705/mo property income covering a $940/mo payment, not borrower’s personal income.
Single Family
Built in 1971
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28311, Fayetteville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,965 (100%) |
| Owner Occupied HU | 7,993 (47.1%) |
| Renter Occupied HU | 7,590 (44.7%) |
| Vacant Housing Units | 1,382 ( 8.1%) |
| Median Home Value | $267,769 |
| Average Home Value | $286,491 |
Housing Distribution
Address Breakdown
Residential
16,585
Single Family
14,132
Multi-Family
2,453
Businesses
685
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: JAIMIE TEDDER • EXIT REALTY JOURNEY
Mls Name: LPRMLS
Mls Provider:
Mls ID: #731402
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.