Great Rental opportunity in Fayetteville, NC

Cumberland County, Fayetteville, NC, 28314 view full address
For Sale
Listed at: December 19th, 2024
Price
$34,000
ARV
$220,000
Gross Margin
$186,000
Sq. Footage
1400
Type
Single-Family
Parking
Carport
Year build
1966
Lot size
10454.00 sqft
Bedrooms
4
Bathrooms
2
Half Bathrooms
0
If someone buys for this price, no more offers will be accepted
Summary

🏠 Fayetteville SUB-TO Opportunity - Low Entry Fee & 100% Turn-key

NO HARD MONEY NEEDED!
FIXED 30-YEAR MTG AT 5.7%

💲 YOUR ENTRY FEE: $34,000  

⭐ARV/Retail Value = $220,000

📰 MTG PAYMENTS (PITI) = $1,302

📰 PRINCIPAL BALANCE =  $170,000

💲💲 MONTHLY CASHFLOW =   $500 - $800+ 

Comparable Home Sales / Retail Value In Same Area:

616 Glensford Dr, Fayetteville 28314 ( Sold for $220,000 ) 
4540 Chambersburg Rd, Fayetteville, NC 28314 ( Sold for $225,000 ) 
627 Burgoyne Dr, Fayetteville, NC 28314 ( Sold for $219,000 ) 

CONDITION & WORK NEEDED: 
Condition: This Turn-key Home features a large living room, kitchen, separate laundry room, and a large fenced yard. New carpet in bedrooms and laminate flooring throughout the house. Ideal property to add to your rental portfolio with mortgage already in place. 

Submit your highest and best 
For information:   call or text 623-229-6571 


WARNING & NOTICE:  DO NOT MARKET OR PROMOTE THIS PROPERTY OR LISTING ON ANY THIRD-PARTY WEBSITES OR SOCIAL MEDIA WITHOUT PRIOR WRITTEN CONSENT FROM BRIGHT HOMES MANAGEMENT TEAM. 

Properties may be occupied - DO NOT DISTURB TENANTS / OCCUPANTS Any showings must be scheduled and approved by an authorized representative at least 72 hours in advance. Upon acceptance of a winning bid, the buyer will receive a purchase & sale contract which must be completed along with $5k EMD received within 24 hours of winning bid acceptance. This property is secured with a binding purchase and sale contract as well as a memorandum recorded with the county and attached to the subject property securing seller/contract holder(s) financial or equitable interest. Any attempt to circumvent the contract holder will result in immediate legal action and recovery of financial damages including all legal fees required for such recovery. Information shared is confidential and privileged and shall not be re-shared or marketed without the explicit written consent of the contract holder. By submitting an inquiry, property address request, or making an offer you accept the terms and restrictions set forth in this statement.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Stephen Backholm

No reviews

Disposition manager