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$300,000
72 Days On Site

5623 Shenandoah Drive
Fayetteville, NC 28304

For Sale|Single Family Residence|Active
4
Beds
3
Total Baths
2
Full Baths
1
Partial Bath
2,066
SqFt
$145
/SqFt
1974
Built
Subdivision:
Arran Lakes
County:
Cumberland

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5623 Shenandoah Drive5623 Shenandoah Drive5623 Shenandoah Drive5623 Shenandoah Drive
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Mortgage Calculator

Monthly Payment (Est.)

$1,369
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

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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Listing Snapshot
Price 
$300,000
Days On Site 
72 Days
Bedrooms 
4
Inside Area (SqFt) 
2,066 sqft
Total Baths 
3
Full Baths 
2
Partial Baths 
1
Lot Size 
0.31 Acres
Year Built 
1974
MLS® Number 
LP750449
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Acres 
0.31
Attached Garage 
Yes
Garage 
Yes
Garage Spaces 
2
Levels 
Two
Parking 
Attached
Property Sub Type 
Single Family Residence
Special Circumstances 
Standard
SqFt Total 
2066
Interior Features
Appliances 
DishwasherRangeRefrigeratorWasher/Dryer
Basement 
Crawl Space
Cooling 
Fireplace 
Yes
Fireplaces 
1
Flooring 
Vinyl
Heating 
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Exterior Features
Construction Details 
Brick VeneerFrame
Listing courtesy of BROOKLYN WEST of THE PROPERTY EMPORIUM



Listings that are marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2025 Triangle MLS, Inc. of North Carolina. All rights reserved.

Last checked: 2025-11-30 11:55 PM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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