Fayetteville is home to a growing real estate market, with homes appreciating over 4% from last year.
If you're getting into real estate investing, you could do much worse than buying an investment property in Fayetteville. Of course, it's important to do your market research ahead of time to develop some key real estate strategies.
In today's post, we're going to showcase some of the top Fayetteville neighborhoods to invest in. Location is everything, so keep reading and find the perfect home to add to your investment portfolio.
Hope Mills
Hope Mills is one of the most popular areas of Fayetteville because it is safe, family-friendly, and has plenty of amenities. It offers a great balance between urban and suburban life, giving you schools, small businesses, and parks to enjoy while being close enough to Fayetteville to enjoy city life as well.
The median home value is just under $140,000 and rent is around $900 if you're looking to buy a rental property. It's home to a mix of young families and young professionals, so you'll have no problem finding tenants if you choose to invest in Hope Mills.
Arran Lakes West
Arran Lakes West is a relatively small Fayetteville neighborhood - there are only around 1,000 residents. That said, it provides plenty of things to do and see with shops, Arran Hills, Winter Park, and the Anderson Creek Club and golf course, which is a gated community.
You'll pay a bit more for homes in Arran Lakes West, but it's a sought-after area for homeowners and renters alike.
Clairway
Clairway is home to small-to-medium-sized single-family homes and plenty of highrises. If you're looking to invest in this family-friendly suburban area, you're looking at a much heftier median price tag of $330,000.
It's an extremely popular area due to its proximity to downtown Fayetteville, but it does have a 10% vacancy rate. If you're planning on renting out your property, you'll need a good leasing strategy.
Arran Hills
Arran Hills is considered one of the top places to live in Fayetteville. It's known as a tight-knit community with plenty of attractive amenities for families and single people.
Rancher-style homes make up most of the market, so it's a good place to start real estate investing. The median home price is roughly $192,000.
Yadkin Acres
Yadkin Acres is a peaceful area with well-maintained streets and plenty of green spaces. There, you'll find plenty of small and medium-sized apartment complexes and single-family homes to invest in.
The area is home to schools, shopping centers, parks, and restaurants, as well as a vibrant arts scene and entertainment. It's simultaneously a great place for young families and retirees looking to settle down.
PMI All American Can Help With Real Estate Investing
Real estate investing can be tricky, especially when you're unfamiliar with the market you're investing in. These are a few of the best places to make a Fayetteville property investment, but if you really want to unlock the market, you'll need a property manager.
At PMI All American, we're Fayetteville's top property management service. We've got all of the local knowledge and investment expertise to help you make the right decision for your next property. Contact us today to discuss your investment strategy.
