159 Gladstone StRaefordNC28376
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 159 Gladstone St, Raeford, NC, 28376 at $385,000 posts ROI 21.61% with $181/mo cash flow from $2,569/mo rent. Total monthly income equals $2,569/mo, and annual cash flow records $2,176/yr on $127,628 to close. Return on cash invested measures 21.61% and rental yield reads 8.01% at the current $385,000. Equity gained on principal adds $2,484/yr, and 5% annual appreciation supports $106,368 by year five. Five-year ROI prints 112.02% and total cumulative return in cash totals $142,966.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,569/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2019
8,712 sqft lot
$N/A/sqft
$500 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: Donna Kokol • Mark Spain Real Estate
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10094240
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.