124 Riviera LnSanfordNC27332
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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 124 Riviera Ln, Sanford, NC, 27332 earns $267/mo cash flow from $2,461/mo rent with a $1,762/mo payment. Total monthly income totals $2,461/mo, and annual cash flow totals $3,204/yr on $119,340 capital. ROI tracks 22.59% on current figures, and rental yield reads 8.2% at a $360,000 purchase. Equity gained on principal adds $2,323/yr, and 5% annual appreciation supports $99,461 over five years. Five-year ROI reaches 117.1% and total cumulative return in cash sums $139,749. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,461/mo property income instead of your personal income.
Single Family
Built in 2008
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27332, Sanford, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,418 (100%) |
| Owner Occupied HU | 10,638 (69.0%) |
| Renter Occupied HU | 3,663 (23.8%) |
| Vacant Housing Units | 1,117 ( 7.2%) |
| Median Home Value | $281,289 |
| Average Home Value | $304,438 |
Housing Distribution
Address Breakdown
Residential
13,807
Single Family
13,586
Multi-Family
221
Businesses
680
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Listed by: BRYCEN ERDODY • TORCH & TRAIL, LLC
Mls Name: LPRMLS
Mls ID: #754534