7102 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 7102 Evanston St, Fayetteville, NC, 28314 uses $92,488 cash to close to unlock $2,627/yr annual cash flow and $219/mo monthly cash flow. Total monthly income runs $1,966/mo, and a $1,366/mo payment keeps the spread at $219/mo. Purchase price stands at $278,999, and rental yield measures 8.46% with $1,966/mo rent. Return on cash invested shows 22.75% in year one, and 5% annual appreciation builds toward $77,082 over five years. Five-year ROI reaches 118.17% and total cumulative return in cash records $109,290. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,966/mo property income covering a $1,366/mo payment rather than investor’s personal income.
Single Family
Built in 1973
0.36 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: DARK HORSE GROUP POWERED BY LPT REALTY • LPT REALTY LLC
Mls Name: LPRMLS
Mls Provider:
Mls ID: #751377
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.