140 Hanover Dr,Sanford,NC,27330

Investment Highlights

Investment property for sale in Sanford at 140 Hanover Dr, Sanford, NC, 27330 offers a 10.03% rental yield on a $409,145 purchase with $3,420/mo rent. Total monthly income registers $3,420/mo, and a $2,003/mo payment leaves $926/mo available for distribution. Annual cash flow reaches $11,112/yr on $135,632 to close, and return on cash invested stands at 28.1% in year one. Equity gained on principal adds $2,640/yr while 5% annual appreciation supports $113,039 over five years. Portfolio math shows five-year ROI at 146.7% and total cumulative return in cash at $198,967. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,420/mo property income against a $2,003/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.