7682 Heriot 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 7682 Heriot Dr, Fayetteville, NC, 28311 generates $3,353/mo in rent and, after a $2,447/mo payment, leaves $306/mo in cash flow. Total monthly income is $3,353/mo, and annual cash flow is $3,672/yr on $165,750 invested. Return on cash invested sits at 22.12% in year one, and rental yield is 8.05% on a $500,000 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 114.59% and total cumulative return in cash sums $189,932. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,353/mo property income rather than buyer’s personal income.
Single Family
Built in 1989
0.78 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: CLIO CARROLL • KELLER WILLIAMS REALTY (PINEHURST)
Mls Name: LPRMLS
Mls Provider:
Mls ID: #742471
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.