2400 Carbonton RdSanfordNC27330
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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 2400 Carbonton Rd, Sanford, NC, 27330 offers $2,238/mo rent that, after a $1,419/mo payment, leaves $471/mo cash flow. Total monthly income is $2,238/mo, and annual cash flow is $5,653/yr on $96,102 cash. Return on cash invested measures 25.79% in year one, and rental yield stands at 9.26% at a $289,900 entry. Equity gained on principal adds $1,871/yr while 5% annual appreciation compounds into $80,094 by year five. Five-year ROI records 134.29% and total cumulative return in cash reaches $129,057. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,238/mo property income versus a $1,419/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
0.53 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
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Listed by: Crystal Franklin-Copas • LAMCO Associates, LLC
Mls Name: Doorify MLS
Mls ID: #10139981