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$300,000
Listing Price4beds
3baths
2,066sqft
13,504sqft lot
5623 Shenandoah Dr, Fayetteville, NC 28304
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
Investor Special! This 4 bedroom, 2.5 bathroom home is already producing income with a long-term tenant in place at $2,200 per month, generating $26,400 annually under a lease secured through March 2026. Priced at $300,000, this property offers investors a strong return with a gross cap rate of approximately 8.8% and an estimated net cap rate in the 6.87% range after typical expenses. Inside, youll find durable LVP flooring throughout, an updated kitchen with stainless steel appliances, and modernized bathrooms. The home also features a spacious double-car garage, a fenced backyard, and a recently replaced HVAC system for added peace of mind. With steady rental income, attractive returns, and thoughtful updates already completed, this home is a true turnkey investment opportunity.
Interior Details
2066
4
3
Has Heating:
Yes
Heating Type:
Forced Air
Has Cooling:
Yes
Cooling Type:
N/A
Has Fuel:
Yes
Fuel Type:
Electric
Has Basement:
No
Basement Type:
Finished
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
13504
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Traditional/old
Brick
N/A
Hip
Composition Shingle
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$2,061
$20,000
$114,300
--%
$134,300
2018
$2,061
$20,000
$114,300
--%
$134,300
2017
$1,958
$20,000
$114,300
--%
$134,300
2016
$1,893
$20,000
$121,700
--%
$141,700
2015
$1,874
$20,000
$121,700
--%
$141,700
2013
$1,816
$20,000
$121,700
--%
$141,700
2012
$1,816
$20,000
$121,700
--%
$141,700
Average Home Price in 28304
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