7048 Evanston StFayettevilleNC28314
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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 7048 Evanston St, Fayetteville, NC, 28314 earns $464/mo cash flow from $1,982/mo rent with a $1,219/mo payment. Total monthly income totals $1,982/mo, and annual cash flow totals $5,570/yr on $82,544 capital. ROI tracks 26.66% on current figures, and rental yield reads 9.55% at a $249,000 purchase. Equity gained on principal adds $1,607/yr, and 5% annual appreciation supports $68,794 over five years. Five-year ROI reaches 138.93% and total cumulative return in cash sums $114,680. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,982/mo property income instead of your personal income.
Single Family
Built in 1972
0.31 Acres lot
$N/A/sqft
No 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: AMANDA STONE • RE/MAX CHOICE
Mls Name: LPRMLS
Mls ID: #750362