7219 Sheriff Watson RdSanfordNC27332
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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 7219 Sheriff Watson Rd, Sanford, NC, 27332 generates $2,718/mo in rent and, after a $1,826/mo payment, leaves $444/mo in cash flow. Total monthly income is $2,718/mo, and annual cash flow is $5,333/yr on $123,650 invested. Return on cash invested sits at 24.22% in year one, and rental yield is 8.74% on a $373,000 entry. Equity gained on principal adds $2,407/yr, while 5% annual appreciation builds toward $103,053 over five years. Five-year ROI reaches 125.86% and total cumulative return in cash sums $155,627. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,718/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
3 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: ALINA BOWDEN • ADCOCK REAL ESTATE SERVICES
Mls Name: LPRMLS
Mls Provider:
Mls ID: #735944
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.