231 Meadow Sage StRaefordNC28376
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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 231 Meadow Sage St, Raeford, NC, 28376 offers $2,063/mo rent that, after a $1,659/mo payment. Total monthly income is $2,063/mo. Return on cash invested measures 19.61% in year one, and rental yield stands at 7.3% at a $338,900 entry. Equity gained on principal adds $2,187/yr while 5% annual appreciation compounds into $93,632 by year five. Five-year ROI records 101.25% and total cumulative return in cash reaches $113,745. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,063/mo property income versus a $1,659/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A 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: Coldwell Banker Advantage • Caviness & Cates - Fayetteville Sales Office
Mls Name: Nexus MLS
Mls Provider:
Mls ID: #N370000000370
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.