2120 Sanderford RdRaleighNC27610
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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 Raleigh at 2120 Sanderford Rd, Raleigh, NC, 27610 generates $1,622/mo in rent and, after a $1,150/mo payment, leaves $190/mo in cash flow. Total monthly income is $1,622/mo, and annual cash flow is $2,280/yr on $77,903 invested. Return on cash invested sits at 22.84% in year one, and rental yield is 8.28% on a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 118.4% and total cumulative return in cash sums $92,236. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,622/mo property income rather than buyer’s personal income.
Single Family
Built in 1949
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27610, Raleigh, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,468 (100%) |
| Owner Occupied HU | 17,254 (56.6%) |
| Renter Occupied HU | 11,637 (38.2%) |
| Vacant Housing Units | 1,577 ( 5.2%) |
| Median Home Value | $312,788 |
| Average Home Value | $354,970 |
Housing Distribution
Address Breakdown
Residential
29,432
Single Family
25,146
Multi-Family
4,286
Businesses
1,252
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Listed by: Freda ROBINSON • Keller Williams Realty Cary
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10126387
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.