1510 Ray AveSanfordNC27330
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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 1510 Ray Ave, Sanford, NC, 27330 earns $193/mo cash flow from $1,978/mo rent with a $1,419/mo payment. Total monthly income totals $1,978/mo, and annual cash flow totals $2,310/yr on $96,102 capital. ROI tracks 22.31% on current figures, and rental yield reads 8.19% at a $289,900 purchase. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,094 over five years. Five-year ROI reaches 115.71% and total cumulative return in cash sums $111,201. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,978/mo property income instead of your personal income.
Townhouse
Built in 2022
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: CHRISHINDA HORTON • HORTON REALTY, LLC.
Mls Name: LPRMLS
Mls Provider:
Mls ID: #742668
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.