Prelude Plan, Kirwin VillageRaefordNC28376
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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 Prelude Plan, Kirwin Village, Raeford, NC, 28376 priced at $345,100 converts $2,063/mo rent into after a $1,689/mo obligation. Total monthly income equals $2,063/mo. Return on cash invested prints 19.49% in year one, and rental yield reads 7.17% against a $345,100 entry. Equity gained on principal adds $2,227/yr, while 5% annual appreciation compiles into $95,345 by year five. Five-year ROI reaches 100.45% and total cumulative return in cash sums $114,911. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,063/mo property income covering a $1,689/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A 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: N/A • Dream Finders Homes
Mls Name: Dream Finders Homes
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Mls ID: #N/A