515 Walnut DrSanfordNC27330
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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 515 Walnut Dr, Sanford, NC, 27330 with 5% annual appreciation on a $239,000 basis while $1,825/mo rent supports operations. Total monthly income totals $1,825/mo and a $1,170/mo payment preserves $368/mo for cash returns. Annual cash flow comes to $4,418/yr on $79,229 deployed, and return on cash invested reaches 25.49% in year one. Equity gained on principal adds $1,542/yr, and five-year appreciation sums $66,031 alongside rental yield of 9.16%. Five-year ROI measures 132.66% and total cumulative return in cash totals $105,108.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,825/mo property income versus a $1,170/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1962
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27330, Sanford, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,198 (100%) |
| Owner Occupied HU | 10,415 (57.2%) |
| Renter Occupied HU | 6,168 (33.9%) |
| Vacant Housing Units | 1,615 ( 8.9%) |
| Median Home Value | $275,559 |
| Average Home Value | $309,420 |
Housing Distribution
Address Breakdown
Residential
16,975
Single Family
14,826
Multi-Family
2,149
Businesses
1,296
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Listed by: Gabby Murillo • eXp Realty
Mls Name: Doorify MLS
Mls ID: #10137353