275 Lake PointSanfordNC27332
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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 275 Lake Point, Sanford, NC, 27332 with 5% annual appreciation on a $697,500 basis while $2,815/mo rent supports operations. 55% in year one. Equity gained on principal adds $4,501/yr, and five-year appreciation sums $192,706 alongside rental yield of 4.84%. Five-year ROI measures 63.22% and total cumulative return in cash totals $145,067. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,815/mo property income versus a $3,414/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1993
0.57 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: Rob Partin • Long & Foster Real Estate INC/Raleigh
Mls Name: Doorify MLS
Mls ID: #10126696