481 Clearwater HarbourSanfordNC27332
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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 481 Clearwater Harbour, Sanford, NC, 27332 priced at $315,000 converts $2,432/mo rent into $512/mo cash flow after a $1,542/mo obligation. Total monthly income equals $2,432/mo, and annual cash flow totals $6,144/yr on $104,423 invested. Return on cash invested prints 25.79% in year one, and rental yield reads 9.26% against a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation compiles into $87,029 by year five. Five-year ROI reaches 134.25% and total cumulative return in cash sums $140,189. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,432/mo property income covering a $1,542/mo payment, not borrower’s personal income.
Single Family
Built in 2005
0.41 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: Lisa Pursley • Pursley Properties Group LLC
Mls Name: Hive MLS
Mls ID: #100505278