5623 Shenandoah Drive, Fayetteville, NC 28304
Local realty services provided by:Better Homes and Gardens Real Estate Paracle
5623 Shenandoah Drive,Fayetteville, NC 28304
$300,000
- 4 Beds
- 3 Baths
- 2,066 sq. ft.
- Single family
- Active
Listed by: brooklyn west
Office: the property emporium
MLS#:750449
Source:NC_FRAR
Price summary
- Price:$300,000
- Price per sq. ft.:$145.21
About this home
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 6.8–7% range after typical expenses. Inside, you’ll 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.
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Home facts
- Year built:1974
- Listing ID #:750449
- Added:55 day(s) ago
- Updated:November 14, 2025 at 04:33 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:2
- Half bathrooms:1
- Living area:2,066 sq. ft.
Heating and cooling
- Cooling:Central Air
Structure and exterior
- Year built:1974
- Building area:2,066 sq. ft.
- Lot area:0.31 Acres
Schools
- High school:Seventy-First Senior High
- Middle school:Lewis Chapel Middle School
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$300,000
- Price per sq. ft.:$145.21
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