704 Dwain DrFayettevilleNC28305
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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 704 Dwain Dr, Fayetteville, NC, 28305 priced at $190,999 pairs $1,394/mo rent with $230/mo cash flow after a $935/mo payment. Total monthly income equals $1,394/mo, and annual cash flow comes to $2,758/yr on $63,316 invested. Return on cash invested is 24.26% in year one, and rental yield stands at 8.76% on a $190,999 basis. Equity gained on principal adds $1,232/yr, and 5% annual appreciation accumulates to $52,770 by year five. Five-year ROI measures 126.09% and total cumulative return in cash reaches $79,838. For financing, Ziffy Mortgage’s DSCR program evaluates $1,394/mo property income against a $935/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1966
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28305, Fayetteville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,320 (100%) |
| Owner Occupied HU | 1,631 (49.1%) |
| Renter Occupied HU | 1,340 (40.4%) |
| Vacant Housing Units | 349 (10.5%) |
| Median Home Value | $329,521 |
| Average Home Value | $386,757 |
Housing Distribution
Address Breakdown
Residential
3,264
Single Family
2,712
Multi-Family
552
Businesses
682
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Listed by: JOHN COOPER • KELLER WILLIAMS REALTY (FAYETTEVILLE)
Mls Name: LPRMLS
Mls ID: #756152