5623 Shenandoah Drive, Fayetteville, NC 28304

Investor Special! This 4-bedroom, 2.5-bathroom home is already producing income with a long-term tenant in place at $2,215 per month, generating $26,580 annually under a lease secured through March 2026. Priced at $250,000, this property offers investors a strong return with a gross cap rate of approximately 10.6% and an estimated net cap rate in the 8.1–8.6% 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 reliable rental income, improved cash flow at the new price point, and key updates already completed, this home is a true turnkey investment opportunity.