209 August 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 209 August Ln, Raeford, NC, 28376 offers a 6.77% rental yield on a $365,500 purchase with $2,063/mo rent. 28% in year one. Equity gained on principal adds $2,359/yr while 5% annual appreciation supports $100,981 over five years. Portfolio math shows five-year ROI at 93.99% and total cumulative return in cash at $113,876. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,063/mo property income against a $1,789/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
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: JAMES BROCK • BROCK REALTY INC.
Mls Name: LPRMLS
Mls ID: #752089