188 Old E C Womack RdSanfordNC27330
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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
Rental property for sale in Sanford at 188 Old E C Womack Rd, Sanford, NC, 27330 priced at $307,700 pairs $2,425/mo rent with $550/mo cash flow after a $1,506/mo payment. Total monthly income equals $2,425/mo, and annual cash flow comes to $6,597/yr on $102,003 invested. Return on cash invested is 26.38% in year one, and rental yield stands at 9.46% on a $307,700 basis. Equity gained on principal adds $1,986/yr, and 5% annual appreciation accumulates to $85,012 by year five. Five-year ROI measures 137.41% and total cumulative return in cash reaches $140,165. For financing, Ziffy Mortgage’s DSCR program evaluates $2,425/mo property income against a $1,506/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2004
3.56 Acres 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: LESLIE OLDHAM • SMITH GROUP REALTY LLC
Mls Name: LPRMLS
Mls ID: #749084