Available
$140,000(ARV: $210,000)67% of ARV

Cumberland County, Fayetteville, NC 28314

3 bd1 ba1,275 sfBuilt 1962

15 days ago

Gross spread$70,000

Description

Overview Prime Rental Opportunity for your rental portfolio! Located just minutes from the Lake Rim Park, this 3 bed, 1 bath single-family home offers access to a massive tenant pool, shopping, and dining. High-demand rental layout for families. Property will be delivered vacant and ready for quick turnaround. Secure strong monthly cash flow and instant equity spread today!Investment BreakdownFLIP:ARV: $210,000Purchase Price: $140,000Rehab: $20,000All in: $160,000Gross Profit $50,000RENTAL:Purchase $140,000 + $20,000 = $160,000$1,500/mo Market Rent-$165/mo Tax-$80/mo Insurance$1,255 Monthly Cash Flow x 12 = $15,060 Yr Cash Flow$160,000 Investment = 9.4% Cash on Cash Return **Property Address:** 421 Lynhurst Dr Fayetteville NC 28314 **Asking Price:** $140,000 **PHOTOS** Property Details Type: Single Family Home Specs: 3 bed / 1 bath Size: 1,275 sqft on 0.26 acres Year Built: 1962 Occupancy: Vacant @ CloseAS-IS PURCHASE PREFERRED LENDER Big Ticket ItemsROOF— 2015HVAC — 2017HWH — 2011UTILITIES — CITY WATER AND SEPTICFOUNDATION — CRAWLSPACE Comparable Sales Breakdown SFH Rental• 422 Lansdowne Rd, Fayetteville, NC 28314– Rental @ $1,695– Listing: HERE SFH Rental• 6025 Cornish St, Fayetteville, NC 28314– Rental @ $1,450– Listing: HERE SFH Rental• 6033 Dahlgren Ave, Fayetteville, NC 28314– Rental @ $1,350– Listing: HERE SFH Sale• 466 Lansdowne Rd, Fayetteville, NC 28314– Sold @: $209,900– Listing: HERE SFH Flip• 213 Lansdowne Rd, Fayetteville, NC 28314– Sold @ $210,000– Listing: HERE Next Steps Contact [representative] [contact details hidden] if you need more information Schedule a property walkthrough Make an offer directly on this page

$/sqft vs market

This deal$110/sqft
Market median$149/sqft
Difference−26% below

Median of 35 comparable listings matched on ZIP + property type. A narrow sample moves a lot; read it as context, not as a valuation.

Property

Bedrooms3
Bathrooms1
Square feet1,275
Lot size11,326 sf
Year built1962
ConditionLight Rehab
OccupancyOwner Occupied
ParkingDriveway

Systems & condition

Roof age4-10 yrs
HeatingHeat pump · 6-10 yrs
Air conditioningCentral AC
FoundationCrawlspace
Foundation conditionFair

Self-reported by the seller. Not inspected.

Property information

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