1481 Carolina DrSanfordNC27332
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Sanford at 1481 Carolina Dr, Sanford, NC, 27332 priced at $332,000 converts $2,572/mo rent into $486/mo cash flow after a $1,625/mo obligation. Total monthly income equals $2,572/mo, and annual cash flow totals $5,833/yr on $110,058 invested. Return on cash invested prints 25.21% in year one, and rental yield reads 9.3% against a $332,000 entry. Equity gained on principal adds $2,142/yr, while 5% annual appreciation compiles into $91,725 by year five. Five-year ROI reaches 131.42% and total cumulative return in cash sums $144,639. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,572/mo property income covering a $1,625/mo payment, not borrower’s personal income.
Single Family
Built in 2025
9,583 sqft lot
$N/A/sqft
$750 annually 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: Martha Lucas • RE/MAX United
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10095213
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.