908 Merchants CtSanfordNC27330
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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 908 Merchants Ct, Sanford, NC, 27330 uses $142,512 cash to close to unlock $459/yr annual cash flow and $38/mo monthly cash flow. Total monthly income runs $2,768/mo, and a $2,104/mo payment keeps the spread at $38/mo. Purchase price stands at $429,900, and rental yield measures 7.73% with $2,768/mo rent. Return on cash invested shows 20.23% in year one, and 5% annual appreciation builds toward $118,773 over five years. Five-year ROI reaches 104.8% and total cumulative return in cash records $149,347. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,768/mo property income covering a $2,104/mo payment rather than investor’s personal income.
Single Family
Built in 2013
9,147 sqft lot
$N/A/sqft
$90 quarterly 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 MONTEZ • HORTON REALTY, LLC.
Mls Name: LPRMLS
Mls Provider:
Mls ID: #748003
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.