UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,446 sqft
Price per Sqft $134
Subdivision Drexel
MLS Listing ID 751735
Style Ranch
Bedrooms 3
Full Baths 2
Construction Status Good Condition
HOA Y/N No
Year Built 1989
Property Sub-Type Single Family Residence
Property Description
This 3-bedroom, 2-bath home offers 1,400 sq ft of thoughtfully designed living space and is tenant-occupied through April 2026, providing immediate rental income under professional management.
Currently leased at $1,400/month with market rent around $1,495, this property demonstrates strong investment potential. At the list price of $194,999, projected metrics show an estimated cap rate near 8%, GRM around 8.1, and an approximate 9% cash-on-cash return (based on 25% down financing).
The home features a warm and functional layout with inviting living areas and an enclosed carport, offering additional flex space for tenant use or storage.
Perfectly situated near Fort Liberty, shopping, and local dining, this property benefits from a prime location with consistent rental demand and long-term appreciation potential.
Whether you're growing your portfolio or seeking a stable, turn-key opportunity, this Fayetteville Nest delivers lasting value and dependable performance.
Disclaimer: All financial figures are estimates based on current market conditions and are provided for informational purposes only. Swanky Nests, LLC does not provide financial or investment advice. Buyers are encouraged to verify all data and consult with their financial advisor before making investment decisions.
Location
State NC
County Cumberland
Rooms
Basement Crawl Space
Interior
Interior Features Bathtub, Ceiling Fan(s), Entrance Foyer, Primary Downstairs, Living/Dining Room, Bath in Primary Bedroom, Window Treatments
Heating Heat Pump
Cooling Central Air
Flooring Hardwood, Laminate, Tile, Vinyl, Carpet
Fireplaces Number 1
Fireplaces Type Factory Built
Inclusions None
Fireplace Yes
Window Features Blinds,Window Treatments
Appliance Dishwasher, Disposal, Microwave, Range, Refrigerator
Laundry Washer Hookup, Dryer Hookup, In Unit
Exterior
Exterior Feature Deck, Fence, Porch, Storage
Parking Features No Garage
Fence Yard Fenced
Water Access Desc Public
Porch Covered, Deck, Front Porch, Porch
Building
Lot Description < 1/4 Acre
Sewer Public Sewer
Water Public
Architectural Style Ranch
New Construction No
Construction Status Good Condition
Schools
Elementary Schools Warrenwood Elementary
Middle Schools Nick Jeralds Middle School
High Schools E. E. Smith High
Others
Tax ID 0429-87-3084
Ownership More than a year
Special Listing Condition None
Virtual Tour https://youtu.be/-TlTnPSA58I
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