3046 Creek RunSanfordNC27332
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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 3046 Creek Run, Sanford, NC, 27332 uses $117,683 cash to close to unlock $5,371/yr annual cash flow and $448/mo monthly cash flow. Total monthly income runs $2,688/mo, and a $1,738/mo payment keeps the spread at $448/mo. Purchase price stands at $355,000, and rental yield measures 9.09% with $2,688/mo rent. Return on cash invested shows 24.47% in year one, and 5% annual appreciation builds toward $98,080 over five years. Five-year ROI reaches 127.48% and total cumulative return in cash records $150,024. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,688/mo property income covering a $1,738/mo payment rather than investor’s personal income.
Single Family
Built in 2006
9,147 sqft lot
$N/A/sqft
$917 annually 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: JESSICA WHEELER • LAMCO ASSOCIATES, LLC.
Mls Name: LPRMLS
Mls Provider:
Mls ID: #704849
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.