228 Kensington DrSanfordNC27332
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Nearby investment properties with comparable prices
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 228 Kensington Dr, Sanford, NC, 27332 priced at $374,900 pairs $2,329/mo rent with $44/mo cash flow after a $1,835/mo payment. Total monthly income equals $2,329/mo, and annual cash flow comes to $529/yr on $124,279 invested. Return on cash invested is 20.33% in year one, and rental yield stands at 7.45% on a $374,900 basis. Equity gained on principal adds $2,419/yr, and 5% annual appreciation accumulates to $103,578 by year five. Five-year ROI measures 105.04% and total cumulative return in cash reaches $130,543. For financing, Ziffy Mortgage’s DSCR program evaluates $2,329/mo property income against a $1,835/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2021
0.70 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: #748305