949 Raspberry RdStedmanNC28391
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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 Stedman at 949 Raspberry Rd, Stedman, NC, 28391 generates $1,933/mo in rent and, after a $1,468/mo payment, leaves $105/mo in cash flow. Total monthly income is $1,933/mo, and annual cash flow is $1,260/yr on $99,450 invested. Return on cash invested sits at 21.18% in year one, and rental yield is 7.73% on a $299,999 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 109.5% and total cumulative return in cash sums $108,900. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,933/mo property income rather than buyer’s personal income.
Single Family
Built in 2013
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28391, Stedman, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,583 (100%) |
| Owner Occupied HU | 1,877 (72.7%) |
| Renter Occupied HU | 488 (18.9%) |
| Vacant Housing Units | 218 ( 8.4%) |
| Median Home Value | $246,369 |
| Average Home Value | $247,255 |
Housing Distribution
Address Breakdown
Residential
2,431
Single Family
2,407
Multi-Family
24
Businesses
122
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Listed by: Tina Caul • EXP Realty LLC
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10096425
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.