745 Richardson 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 745 Richardson Dr, Sanford, NC, 27330 uses $134,874 cash to close to unlock $9,573/yr annual cash flow and $798/mo monthly cash flow. Total monthly income runs $3,420/mo, and a $1,991/mo payment keeps the spread at $798/mo. Purchase price stands at $406,860, and rental yield measures 10.09% with $3,420/mo rent. Return on cash invested shows 27.01% in year one, and 5% annual appreciation builds toward $112,408 over five years. Five-year ROI reaches 141.25% and total cumulative return in cash records $190,510. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,420/mo property income covering a $1,991/mo payment rather than investor’s personal income.
Single Family
Built in 2025
6,098 sqft lot
$N/A/sqft
$143 monthly 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: Alex Lilly • Pulte Home Company LLC
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10121492
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.