154 Watercress LnRaefordNC28376
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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 154 Watercress Ln, Raeford, NC, 28376 listed at $379,800 pairs $2,398/mo rent with a $1,859/mo payment to leave $58/mo cash flow. Total monthly income runs $2,398/mo, and annual cash flow reaches $699/yr on $125,904 cash to close. Return on cash invested measures 20.46% in year one, and rental yield registers 7.58% at a $379,800 basis. Equity gained on principal adds $2,451/yr, and annual property appreciation at 5% supports $104,932 by year five. Five-year ROI tracks 105.81% and total cumulative return in cash totals $133,222. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,398/mo property income relative to a $1,859/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
8,750 sqft 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
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Listed by: Caviness & Cates Builders Marketing Group • Caviness & Cates - Fayetteville Sales Office
Mls Name: Nexus MLS
Mls Provider:
Mls ID: #N370000000187
Disclaimer: Listing information is provided by the Nexus Multiple Listing Service. Property information is based on available data that may include MLS information, county records, and other sources. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2025 Nexus MLS. All rights are reserved.