616 Dandridge 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 616 Dandridge Dr, Fayetteville, NC, 28303 priced at $265,000 converts $2,033/mo rent into $418/mo cash flow after a $1,297/mo obligation. Total monthly income equals $2,033/mo, and annual cash flow totals $5,016/yr on $87,848 invested. Return on cash invested prints 25.62% in year one, and rental yield reads 9.21% against a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation compiles into $73,215 by year five. Five-year ROI reaches 133.33% and total cumulative return in cash sums $117,123. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,033/mo property income covering a $1,297/mo payment, not borrower’s personal income.
Single Family
Built in 1971
0.47 Acres 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: NATALIE MARTIN • W.S. WELLONS REALTY
Mls Name: LPRMLS
Mls ID: #746819