1031 Walter Bright RdSanfordNC27330
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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
Total monthly income runs $2,131/mo, and a $2,491/mo payment. Purchase price stands at $509,000, and rental yield measures 5.02% with $2,131/mo rent. Return on cash invested shows 13.1% in year one, and 5% annual appreciation builds toward $140,627 over five years. Five-year ROI reaches 66.21% and total cumulative return in cash records $110,881. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,131/mo property income covering a $2,491/mo payment rather than investor’s personal income.
Single Family
Built in 1958
3.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27330, Sanford, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,198 (100%) |
| Owner Occupied HU | 10,415 (57.2%) |
| Renter Occupied HU | 6,168 (33.9%) |
| Vacant Housing Units | 1,615 ( 8.9%) |
| Median Home Value | $275,559 |
| Average Home Value | $309,420 |
Housing Distribution
Address Breakdown
Residential
16,975
Single Family
14,826
Multi-Family
2,149
Businesses
1,296
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Listed by: ELIZABETH SUMMERLIN • CAPITAL TO COAST REALTY
Mls Name: LPRMLS
Mls ID: #755296