302 Keith AveRaefordNC28376
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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 302 Keith Ave, Raeford, NC, 28376 earns $250/mo cash flow from $1,164/mo rent with a $734/mo payment. Total monthly income totals $1,164/mo, and annual cash flow totals $3,000/yr on $49,725 capital. ROI tracks 25.94% on current figures, and rental yield reads 9.31% at a $150,000 purchase. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 over five years. Five-year ROI reaches 135.08% and total cumulative return in cash sums $67,170. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,164/mo property income instead of your personal income.
Single Family
Built in 1962
0.52 Acres 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: ANITA BLUE • EXIT REALTY PREFERRED
Mls Name: LPRMLS
Mls ID: #753630