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#:LP750449
Source:RD

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.

Contact an agent

contact an agent

Yes, I would like more information from BHGRE®. Please use and/or share my information with an BHGRE affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an BHGRE affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1974
  • Listing ID #:LP750449
  • Added:1 day(s) ago
  • Updated:September 19, 2025 at 09:53 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:3
  • Full bathrooms:2
  • Half bathrooms:1
  • Living area:2,066 sq. ft.

Structure and exterior

  • Year built:1974
  • Building area:2,066 sq. ft.
  • Lot area:0.31 Acres

Finances and disclosures

  • Price:$300,000
  • Price per sq. ft.:$145.21
MLS LogoListings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.

New listings near 5623 Shenandoah Drive