7429 Wilkins DrFayettevilleNC28311
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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
Rental property for sale in Fayetteville at 7429 Wilkins Dr, Fayetteville, NC, 28311 generates $2,597/mo in rent and, after a $1,806/mo payment, leaves $348/mo in cash flow. Total monthly income is $2,597/mo, and annual cash flow is $4,178/yr on $122,324 invested. Return on cash invested sits at 23.32% in year one, and rental yield is 8.45% on a $369,000 entry. Equity gained on principal adds $2,381/yr, while 5% annual appreciation builds toward $101,948 over five years. Five-year ROI reaches 121.06% and total cumulative return in cash sums $148,083. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,597/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28311, Fayetteville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,965 (100%) |
| Owner Occupied HU | 7,993 (47.1%) |
| Renter Occupied HU | 7,590 (44.7%) |
| Vacant Housing Units | 1,382 ( 8.1%) |
| Median Home Value | $267,769 |
| Average Home Value | $286,491 |
Housing Distribution
Address Breakdown
Residential
16,585
Single Family
14,132
Multi-Family
2,453
Businesses
685
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Listed by: DONI (LUCINA) CROWELL • RE/MAX CHOICE
Mls Name: LPRMLS
Mls ID: #756585