413 Cherry Laurel 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
Rental property for sale in Sanford at 413 Cherry Laurel Dr, Sanford, NC, 27332 priced at $245,490 pairs $1,714/mo rent with $217/mo cash flow after a $1,202/mo payment. Total monthly income equals $1,714/mo, and annual cash flow comes to $2,609/yr on $81,380 invested. Return on cash invested is 23.11% in year one, and rental yield stands at 8.38% on a $245,490 basis. Equity gained on principal adds $1,584/yr, and 5% annual appreciation accumulates to $67,824 by year five. Five-year ROI measures 119.94% and total cumulative return in cash reaches $97,606. For financing, Ziffy Mortgage’s DSCR program evaluates $1,714/mo property income against a $1,202/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2025
N/A 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: Courtney Smith Gonzalez • D.R. Horton, Inc.
Mls Name: Doorify MLS
Mls ID: #10113169