42 Twin Ponds RdSanfordNC27332
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 42 Twin Ponds Rd, Sanford, NC, 27332 priced at $350,000 converts $1,837/mo rent into after a $1,713/mo obligation. Total monthly income equals $1,837/mo. Return on cash invested prints 16.85% in year one, and rental yield reads 6.3% against a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,699 by year five. Five-year ROI reaches 86.29% and total cumulative return in cash sums $100,118. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,837/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Single Family
Built in 2002
1.99 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: MATTHEW NICOL • CAROLINA LAKES LAKESIDE REALTY
Mls Name: LPRMLS
Mls Provider:
Mls ID: #741131
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.