218 Faith AveSanfordNC27330
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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 218 Faith Ave, Sanford, NC, 27330 offers $2,394/mo rent that, after a $1,715/mo payment, leaves $199/mo cash flow. Total monthly income is $2,394/mo, and annual cash flow is $2,382/yr on $116,154 cash. Return on cash invested measures 21.96% in year one, and rental yield stands at 8.2% at a $350,390 entry. Equity gained on principal adds $2,261/yr while 5% annual appreciation compounds into $96,806 by year five. Five-year ROI records 113.96% and total cumulative return in cash reaches $132,364. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,394/mo property income versus a $1,715/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
6,098 sqft lot
$N/A/sqft
$60 monthly 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: Korey Stickney • DRB Group North Carolina LLC
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10102982
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.