323 Ganton DrRaefordNC28376
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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 323 Ganton Dr, Raeford, NC, 28376 priced at $410,000 pairs $2,887/mo rent with $361/mo cash flow after a $2,007/mo payment. Total monthly income equals $2,887/mo, and annual cash flow comes to $4,331/yr on $135,915 invested. Return on cash invested is 23.1% in year one, and rental yield stands at 8.45% on a $410,000 basis. Equity gained on principal adds $2,646/yr, and 5% annual appreciation accumulates to $113,275 by year five. Five-year ROI measures 119.89% and total cumulative return in cash reaches $162,947. For financing, Ziffy Mortgage’s DSCR program evaluates $2,887/mo property income against a $2,007/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2013
N/A lot
$N/A/sqft
$325 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: ANTIONE WILLIAMS • EXP REALTY LLC
Mls Name: LPRMLS
Mls Provider:
Mls ID: #730592
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.