70 Gates WaySanfordNC27332
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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 70 Gates Way, Sanford, NC, 27332 offers $2,158/mo rent that, after a $1,561/mo payment, leaves $214/mo cash flow. Total monthly income is $2,158/mo, and annual cash flow is $2,570/yr on $105,749 cash. Return on cash invested measures 22.34% in year one, and rental yield stands at 8.12% at a $319,000 entry. Equity gained on principal adds $2,058/yr while 5% annual appreciation compounds into $88,134 by year five. Five-year ROI records 115.79% and total cumulative return in cash reaches $122,449. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,158/mo property income versus a $1,561/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
0.47 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: Jason Brooks • Coldwell Banker Advantage
Mls Name: Doorify MLS
Mls ID: #10135147