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.

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Home facts

  • Year built:1974
  • Listing ID #:LP750449
  • Added:56 day(s) ago
  • Updated:November 15, 2025 at 12:42 AM

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
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