1424-1430 Tangora Ln, Fayetteville, NC, 28304
About This Home
1424–1430 Tangora Lane is a four-unit property made up of four 2-bed / 1.5-bath units. The property is 50% occupied and currently brings in $1,745 in gross monthly income, with in-place rents sitting below market—creating clear upside for the next owner. Located just off Raeford Road, the property offers convenient access to major routes throughout Fayetteville, which helps support consistent rental demand. Based on projected rents of $1,000 per unit, and assuming 20% down, an 18% expense factor (vacancy, capex, management), along with monthly HOA dues, the property is projected to produce approximately $649 in monthly net cash flow, or $7,796.88 annually. This equates to an estimated 11.14% cash-on-cash return. With below-market rents and the ability to stabilize the remaining vacancy, this property offers a solid value-add opportunity while still functioning as a largely turn-key asset. A strong fit for investors seeking steady cash flow with room to improve performance in a high-demand area. Financial projections are estimates based on current market data and seller/broker analysis. Actual results may vary depending on financing structure, operating costs, vacancy, and management strategy.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1986
Materials
- Construction materials: Wood Siding
Type & Style
- Home type: Townhouse
- Property subType: Townhouse,Quadruplex,Multi Family
Interior
Features
- Ceiling Fan(s),Tub Shower
- Flooring: Laminate,Luxury Vinyl Plank,Carpet
Heating & Cooling
- Heating features: Exhaust Fan
- Cooling features: Central Air,Electric
Property
Details
- Parcel number: 0406772419
- Zoning description: SF6 - Single Family Res 6
- Special condition: Standard
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Lightning
- Winter Weather
- Cold Wave
- Hurricane
- Heat Wave
- Inland Flooding
- Ice Storm
- Strong Wind
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters in Cumberland County and North Carolina
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,769 | $21,228 |
| Home Insurance * | $282 | $3,384 |
| Property Taxes | $253 | $3,036 |
| Electricity | $200 | $2,405 |
| Total | $2,504 | $30,048 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-08 | Listed for sale | $350,000 |
| 2026-05-04 | Pending sale | $350,000 |
| 2026-04-28 | Listed for sale | $350,000 |
| 2026-03-07 | Pending sale | $350,000 |
| 2026-01-07 | Listed for sale | $350,000 |
| 2023-12-21 | Sold | $370,000 |
| 2021-02-12 | Sold | $215,000 |
| 2020-12-01 | Pending sale | $220,000 |
| 2020-11-05 | Listed for sale | $220,000 |
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