1. North Carolina
2. Fayetteville
3. 5623 Shenandoah Drive

5623 Shenandoah Drive, Fayetteville, NC 28304

• 4 beds |
• 3 baths |
• 2,066 sqft

Property Description

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.

Listing Status:

Active

Listing Office:

THE PROPERTY EMPORIUM : 910-424-2110

MLS ID:

750449

Interior

• General: Separate/Formal Dining Room
• Appliances: DishwasherRangeRefrigerator
• Laundry: Washer HookupDryer Hookup
• Basement: Crawl Space
• Flooring: Luxury Vinyl Plank
• A/C: Central Air
• Fireplace: Family RoomFireplaceFireplaces: 1

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of THE PROPERTY EMPORIUM