1380 Hooker StSanfordNC27330
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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 1380 Hooker St, Sanford, NC, 27330 offers a 8.53% rental yield on a $200,000 purchase with $1,422/mo rent. Total monthly income registers $1,422/mo, and a $979/mo payment leaves $203/mo available for distribution. Annual cash flow reaches $2,436/yr on $66,300 to close, and return on cash invested stands at 23.58% in year one. Equity gained on principal adds $1,291/yr while 5% annual appreciation supports $55,256 over five years. Portfolio math shows five-year ROI at 122.42% and total cumulative return in cash at $81,164. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,422/mo property income against a $979/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
N/A 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: KELLEY DUBOIS • ADCOCK REAL ESTATE SERVICES
Mls Name: LPRMLS
Mls ID: #747384