194 Landon RdgSanfordNC27330
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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 194 Landon Rdg, Sanford, NC, 27330 generates $3,420/mo in rent, after a $3,583/mo payment. Total monthly income is $3,420/mo. Return on cash invested sits at 14.36% in year one, and rental yield is 5.61% on a $732,000 entry. Equity gained on principal adds $4,723/yr, while 5% annual appreciation builds toward $202,238 over five years. Five-year ROI reaches 73.14% and total cumulative return in cash sums $176,130. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,420/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
0.92 Acres lot
$N/A/sqft
$1,225 annually 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: ANDREE FREEMAN • MANNING REALTY
Mls Name: LPRMLS
Mls Provider:
Mls ID: #743146
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.