1308 Glenn CtSanfordNC27332
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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 1308 Glenn Ct, Sanford, NC, 27332 listed at $219,900 pairs $1,906/mo rent with a $1,076/mo payment to leave $566/mo cash flow. Total monthly income runs $1,906/mo, and annual cash flow reaches $6,793/yr on $72,897 cash to close. Return on cash invested measures 29.23% in year one, and rental yield registers 10.4% at a $219,900 basis. Equity gained on principal adds $1,419/yr, and annual property appreciation at 5% supports $60,754 by year five. Five-year ROI tracks 152.75% and total cumulative return in cash totals $111,352. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,906/mo property income relative to a $1,076/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1980
0.41 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: Thomas Henry Bortnick • LPT Realty, LLC
Mls Name: Doorify MLS
Mls ID: #10138595