146 Canter DrRaefordNC28376
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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
Rental property for sale in Raeford at 146 Canter Dr, Raeford, NC, 28376 priced at $250,000 pairs $2,080/mo rent with $556/mo cash flow after a $1,224/mo payment. Total monthly income equals $2,080/mo, and annual cash flow comes to $6,672/yr on $82,875 invested. Return on cash invested is 27.96% in year one, and rental yield stands at 9.98% on a $250,000 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,070 by year five. Five-year ROI measures 145.88% and total cumulative return in cash reaches $120,898. For financing, Ziffy Mortgage’s DSCR program evaluates $2,080/mo property income against a $1,224/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2004
N/A lot
$N/A/sqft
No 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: BRYAN GAINES • EXIT REALTY PREFERRED
Mls Name: LPRMLS
Mls ID: #752450