159 Starboard BaySanfordNC27332
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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
Total monthly income runs $2,510/mo, and a $2,589/mo payment. Purchase price stands at $529,000, and rental yield measures 5.69% with $2,510/mo rent. Return on cash invested shows 15.14% in year one, and 5% annual appreciation builds toward $146,153 over five years. Five-year ROI reaches 77.12% and total cumulative return in cash records $134,225. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,510/mo property income covering a $2,589/mo payment rather than investor’s personal income.
Single Family
Built in 1989
0.38 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: CHRISTINE MOULTRIE • MOULTRIE AND MCCLOSKEY PROPERTIES
Mls Name: LPRMLS
Mls ID: #749128