283 Palm DrSanfordNC27332
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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 283 Palm Dr, Sanford, NC, 27332 earns $277/mo cash flow from $2,280/mo rent with a $1,556/mo payment. Total monthly income totals $2,280/mo, and annual cash flow totals $3,329/yr on $105,414 capital. ROI tracks 23.07% on current figures, and rental yield reads 8.6% at a $317,990 purchase. Equity gained on principal adds $2,052/yr, and 5% annual appreciation supports $87,855 over five years. Five-year ROI reaches 119.94% and total cumulative return in cash sums $126,428. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,280/mo property income instead of your personal income.
Single Family
Built in 2026
7,840 sqft lot
$N/A/sqft
$195 quarterly 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: Janet Nicole Rogers • D.R. Horton, Inc.
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10140960
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2026 Doorify MLS of North Carolina. All rights reserved.