114 Sutherland 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
Rental property for sale in Sanford at 114 Sutherland Rd, Sanford, NC, 27330 priced at $390,000 converts $2,719/mo rent into $342/mo cash flow after a $1,909/mo obligation. Total monthly income equals $2,719/mo, and annual cash flow totals $4,104/yr on $129,285 invested. Return on cash invested prints 23.08% in year one, and rental yield reads 8.37% against a $390,000 entry. Equity gained on principal adds $2,517/yr, while 5% annual appreciation compiles into $107,750 by year five. Five-year ROI reaches 119.73% and total cumulative return in cash sums $154,796. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,719/mo property income covering a $1,909/mo payment, not borrower’s personal income.
Single Family
Built in 2023
7,405 sqft 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: SANDRA CARTER • NEW LEAF PROPERTIES
Mls Name: LPRMLS
Mls ID: #751319