114 Terrier WayRaefordNC28376
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Raeford at 114 Terrier Way, Raeford, NC, 28376 offers a 8.33% rental yield on a $359,900 purchase with $2,498/mo rent. Total monthly income registers $2,498/mo, and a $1,762/mo payment leaves $292/mo available for distribution. Annual cash flow reaches $3,503/yr on $119,307 to close, and return on cash invested stands at 22.85% in year one. Equity gained on principal adds $2,322/yr while 5% annual appreciation supports $99,434 over five years. Portfolio math shows five-year ROI at 118.51% and total cumulative return in cash at $141,386. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,498/mo property income against a $1,762/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
0.76 Acres lot
$N/A/sqft
$146 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28376, Raeford, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,272 (100%) |
| Owner Occupied HU | 11,666 (63.8%) |
| Renter Occupied HU | 5,298 (29.0%) |
| Vacant Housing Units | 1,308 ( 7.2%) |
| Median Home Value | $233,259 |
| Average Home Value | $252,718 |
Housing Distribution
Address Breakdown
Residential
17,977
Single Family
16,594
Multi-Family
1,383
Businesses
888
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Listed by: CIARA WIGGINTON • CAROLINA SUMMIT GROUP #2
Mls Name: LPRMLS
Mls Provider:
Mls ID: #746583
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.