98 Gray Pine WaySanfordNC27332
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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 98 Gray Pine Way, Sanford, NC, 27332 generates $2,280/mo in rent and, after a $1,660/mo payment, leaves $163/mo in cash flow. Total monthly income is $2,280/mo, and annual cash flow is $1,957/yr on $112,417 invested. Return on cash invested sits at 21.65% in year one, and rental yield is 8.07% on a $339,115 entry. Equity gained on principal adds $2,188/yr, while 5% annual appreciation builds toward $93,691 over five years. Five-year ROI reaches 112.28% and total cumulative return in cash sums $126,220. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,280/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
0.66 Acres lot
$N/A/sqft
$600 annually 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: Jare Williams • SDH Raleigh LLC
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10116068
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.