137 Home Stretch LnRaefordNC28376
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 137 Home Stretch Ln, Raeford, NC, 28376 uses $97,130 cash to close to unlock $5,141/yr annual cash flow and $428/mo monthly cash flow. Total monthly income runs $2,239/mo, and a $1,434/mo payment keeps the spread at $428/mo. Purchase price stands at $293,000, and rental yield measures 9.17% with $2,239/mo rent. Return on cash invested shows 25.2% in year one, and 5% annual appreciation builds toward $80,951 over five years. Five-year ROI reaches 131.22% and total cumulative return in cash records $127,450. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,239/mo property income covering a $1,434/mo payment rather than investor’s personal income.
Single Family
Built in 2008
0.46 Acres lot
$N/A/sqft
$300 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: THE SIGNATURE GROUP • KELLER WILLIAMS REALTY (FAYETTEVILLE)
Mls Name: LPRMLS
Mls Provider:
Mls ID: #739124
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.