NORMAN Plan, The Manors at Galvins RidgeSanfordNC27330
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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 NORMAN Plan, The Manors at Galvins Ridge, Sanford, NC, 27330 priced at $471,990 converts $3,136/mo rent into $260/mo cash flow after a $2,310/mo obligation. Total monthly income equals $3,136/mo, and annual cash flow totals $3,115/yr on $156,465 invested. Return on cash invested prints 21.9% in year one, and rental yield reads 7.97% against a $471,990 entry. Equity gained on principal adds $3,046/yr, while 5% annual appreciation compiles into $130,402 by year five. Five-year ROI reaches 113.4% and total cumulative return in cash sums $177,430. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,136/mo property income covering a $2,310/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No 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: Online Sales Team • D.R. Horton - Raleigh South
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A