719 Veda StFayettevilleNC28306
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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 719 Veda St, Fayetteville, NC, 28306 offers a 9.35% rental yield on a $125,000 purchase with $974/mo rent. Total monthly income registers $974/mo, and a $612/mo payment leaves $212/mo available for distribution. Annual cash flow reaches $2,544/yr on $41,438 to close, and return on cash invested stands at 26.05% in year one. Equity gained on principal adds $807/yr while 5% annual appreciation supports $34,535 over five years. Portfolio math shows five-year ROI at 135.63% and total cumulative return in cash at $56,201. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $974/mo property income against a $612/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28306, Fayetteville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,346 (100%) |
| Owner Occupied HU | 11,310 (61.6%) |
| Renter Occupied HU | 5,683 (31.0%) |
| Vacant Housing Units | 1,353 ( 7.4%) |
| Median Home Value | $270,089 |
| Average Home Value | $289,527 |
Housing Distribution
Address Breakdown
Residential
18,429
Single Family
17,357
Multi-Family
1,072
Businesses
1,083
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Listed by: ROBERT CLAYTON • LITTLE & YOUNG INC.
Mls Name: LPRMLS
Mls Provider:
Mls ID: #740335
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.