2313 Grassmere CtSanfordNC27330
Nearby investment properties with comparable rents
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
Investment property for sale in Sanford at 2313 Grassmere Ct, Sanford, NC, 27330 earns $457/mo cash flow from $2,249/mo rent with a $1,439/mo payment. Total monthly income totals $2,249/mo, and annual cash flow totals $5,486/yr on $97,461 capital. ROI tracks 25.54% on current figures, and rental yield reads 9.18% at a $294,000 purchase. Equity gained on principal adds $1,897/yr, and 5% annual appreciation supports $81,227 over five years. Five-year ROI reaches 132.95% and total cumulative return in cash sums $129,576. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,249/mo property income instead of your personal income.
Single Family
Built in 2000
0.36 Acres lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Linda Craft • Linda Craft Team, REALTORS
Mls Name: Doorify MLS
Mls ID: #10116841