133 Hornet Dr LOT 70RaefordNC28376
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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 133 Hornet Dr LOT 70, Raeford, NC, 28376 listed at $281,100 pairs $2,063/mo rent with a $1,376/mo payment to leave $316/mo cash flow. Total monthly income runs $2,063/mo, and annual cash flow reaches $3,796/yr on $93,185 cash to close. Return on cash invested measures 23.98% in year one, and rental yield registers 8.81% at a $281,100 basis. Equity gained on principal adds $1,814/yr, and annual property appreciation at 5% supports $77,663 by year five. Five-year ROI tracks 124.74% and total cumulative return in cash totals $116,238. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,063/mo property income relative to a $1,376/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
7,840 sqft lot
$N/A/sqft
$400 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: NATHALIE BELL • DREAM FINDERS REALTY, LLC.
Mls Name: LPRMLS
Mls Provider:
Mls ID: #732504
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.