2147 Detroit BlvdSanfordNC27332
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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 2147 Detroit Blvd, Sanford, NC, 27332 uses $111,019 cash to close to unlock $1,933/yr annual cash flow and $161/mo monthly cash flow. Total monthly income runs $2,202/mo, and a $1,639/mo payment keeps the spread at $161/mo. Purchase price stands at $334,900, and rental yield measures 7.89% with $2,202/mo rent. Return on cash invested shows 21.65% in year one, and 5% annual appreciation builds toward $92,527 over five years. Five-year ROI reaches 112.09% and total cumulative return in cash records $124,441. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,202/mo property income covering a $1,639/mo payment rather than investor’s personal income.
Single Family
Built in 2001
0.51 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: CHRIS TACIA • COLDWELL BANKER ADVANTAGE #5 (SANFORD)
Mls Name: LPRMLS
Mls ID: #753750