240 David Hill DrSanfordNC27330
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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 240 David Hill Dr, Sanford, NC, 27330 with 5% annual appreciation on a $276,990 basis while $2,058/mo rent supports operations. Total monthly income totals $2,058/mo and a $1,356/mo payment preserves $163/mo for cash returns. Annual cash flow comes to $1,957/yr on $91,822 deployed, and return on cash invested reaches 22.04% in year one. Equity gained on principal adds $1,787/yr, and five-year appreciation sums $76,527 alongside rental yield of 8.92%. Five-year ROI measures 115.19% and total cumulative return in cash totals $105,768.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,058/mo property income versus a $1,356/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2023
3,049 sqft lot
$N/A/sqft
$195 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: Samantha Korf • D.R. Horton, Inc.
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #2504396
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.