275 Slade Corner RdRaefordNC28376
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 275 Slade Corner Rd, Raeford, NC, 28376 at $320,760 posts ROI 20.75% with $75/mo cash flow from $2,063/mo rent. Total monthly income equals $2,063/mo, and annual cash flow records $897/yr on $106,332 to close. Return on cash invested measures 20.75% and rental yield reads 7.72% at the current $320,760. Equity gained on principal adds $2,070/yr, and 5% annual appreciation supports $88,620 by year five. Five-year ROI prints 107.37% and total cumulative return in cash totals $114,170.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,063/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
0.60 Acres lot
$N/A/sqft
$400 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: KRISTYN GAVAZZI • CAROLINA SUMMIT GROUP #1
Mls Name: LPRMLS
Mls Provider:
Mls ID: #730074
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.