631 Garfield DrFayettevilleNC28303
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 631 Garfield Dr, Fayetteville, NC, 28303 generates $1,972/mo in rent and, after a $1,223/mo payment, leaves $449/mo in cash flow. Total monthly income is $1,972/mo, and annual cash flow is $5,389/yr on $82,842 invested. Return on cash invested sits at 26.41% in year one, and rental yield is 9.47% on a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 137.64% and total cumulative return in cash sums $114,026. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,972/mo property income rather than buyer’s personal income.
Single Family
Built in 1986
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: ROD AL HADDAD • BEST INVESTMENT REALTY
Mls Name: LPRMLS
Mls ID: #750564