3963 Loufield Drive, Fayetteville, NC 28311
- $197,000
- 3
- BD
- 2
- BA
- 1,446
- SqFt
- Sold Price
- $197,000
- List Price
- $194,999
- Closing Date
- Apr 17, 2026
- MLS#
- 756979
- Status
- CLOSED
- County
- Cumberland
- City
- Fayetteville
- Subdivision
- Drexel
- Bedrooms
- 3
- Bathrooms
- 2
- Living Area
- 1,446
- Property Subtype
- Single Family Residence
Property Description
Investor Alert – Reliable Cash Flow & Long-Term Tenant in Place! This 3-bedroom, 2-bath home offers 1,400 sq ft of thoughtfully designed living space and is tenant-occupied through April 2026, providing immediate rental income under professional management. Tenants would be open to vacating early. Currently leased at $1,400/month with market rent around $1,495, this property demonstrates strong investment potential. At the list price of $194,999, projected metrics show an estimated cap rate near 8%, GRM around 8.1, and an approximate 9% cash-on-cash return (based on 25% down financing). The home features a warm and functional layout with inviting living areas and an enclosed carport, offering additional flex space for tenant use or storage. Perfectly situated near Fort Liberty, shopping, and local dining, this property benefits from a prime location with consistent rental demand and long-term appreciation potential. Whether you’re growing your portfolio or seeking a stable, turn-key opportunity, this Fayetteville Nest delivers lasting value and dependable performance. Disclaimer: All financial figures are estimates based on current market conditions and are provided for informational purposes only. Swanky Nests, LLC does not provide financial or investment advice. Buyers are encouraged to verify all data and consult with their financial advisor before making investment decisions.
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Additional Information
- Days on Market
- 70
- Year Built
- 1989
- Style
- Ranch
- Interior Features
- Bathtub, Ceiling Fan(s), Entrance Foyer, Primary Downstairs, Living/Dining Room, Bath in Primary Bedroom, Window Treatments
- Cooling
- Central Air
- Heating
- Heat Pump
- Exterior Features
- Deck, Fence, Porch, Storage
- Elementary School
- Warrenwood Elementary
- Middle School
- Nick Jeralds Middle School
- High School
- E. E. Smith High
Mortgage Calculator
Listing courtesy of SWANKY NESTS, LLC.. Selling Office: SASQUATCH REAL ESTATE TEAM.