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$300,000

Listing Price

4beds

3baths

2,066sqft

13,504sqft lot

5623 Shenandoah Dr, Fayetteville, NC 28304

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

121.01

Price / sqft

1974

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

Square Feet
  • 2066

Bedrooms
  • 4

Bathrooms
  • 3

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Forced Air

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Electric

Basement
  • Has Basement:

    No

  • Basement Type:

    Finished

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 13504

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 2

Style
  • Traditional/old

Exterior
  • Brick

Foundation
  • N/A

Roof
  • Hip

Roofing Material
  • 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

percent-home-icon

Average Home Price in 28304

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$245,000

3 Beds

2 Baths

1,774 Sqft

14,810 Lot (sqft)

Sold 10/05/2026

$269,500

3 Beds

2.5 Baths

1,826 Sqft

15,682 Lot (sqft)

Sold 10/05/2026

$306,900

4 Beds

3 Baths

1,768 Sqft

14,810 Lot (sqft)

Sold 10/06/2026

$300,000

4 Beds

3 Baths

2,066 Sqft

13,504 Lot (sqft)

Sold 09/29/2026

$257,000

3 Beds

2 Baths

1,802 Sqft

18,731 Lot (sqft)

Sold 09/29/2026

$250,000

3 Beds

2 Baths

1,917 Sqft

14,375 Lot (sqft)

Sold 10/05/2026

$260,009

3 Beds

2.5 Baths

1,875 Sqft

12,197 Lot (sqft)

Sold 10/06/2026

$224,137

3 Beds

2.5 Baths

2,016 Sqft

15,246 Lot (sqft)

Sold 10/05/2026

$290,003

3 Beds

3 Baths

1,820 Sqft

17,860 Lot (sqft)

Sold 09/29/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
300,000
$
Down payment
60,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
1,800
$
HOA (Monthly)
0
$
PMI
0
$
$1,942
Your Payment
Total Monthly Payment:$1,942
Percent of Income:33%
Affordable:No

Details for 5623 SHENANDOAH DR

Property Debt

Foreclosure Contact Details