119 Southern Estates DrSanfordNC27330
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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
Investment property for sale in Sanford at 119 Southern Estates Dr, Sanford, NC, 27330 offers a 9.51% rental yield on a $431,700 purchase with $3,420/mo rent. Total monthly income registers $3,420/mo, and a $2,113/mo payment leaves $764/mo available for distribution. Annual cash flow reaches $9,168/yr on $143,109 to close, and return on cash invested stands at 26.31% in year one. Equity gained on principal adds $2,786/yr while 5% annual appreciation supports $119,271 over five years. Portfolio math shows five-year ROI at 137.15% and total cumulative return in cash at $196,268. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,420/mo property income against a $2,113/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
9,583 sqft lot
$N/A/sqft
$300 annually 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: CORY BARNETT • ADAMS HOMES
Mls Name: LPRMLS
Mls Provider:
Mls ID: #742268
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.