809 Cherokee Circle, Sanford, FL, USA
Fair
58/100This is an excellent deal — priced below the local market with healthy equity after repairs. Watch that the rental yield is thin.
- 23% below area price per sqft
- $116k potential equity (18%)
- $527/mo positive cash flow
- Established neighborhood (80/100)
- Cap rate only 5.19%
Price vs. Market
ARV Assessment
Based on 6 recent sales within 0.5 miles, comparable townhome homes of similar size traded between $410k and $517k. The subject's 2,087 sqft and 4bd/3ba layout supports a midpoint estimate of $466k.
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Property presents in turnkey condition. Estimated rehab of $6k covers minor refresh and make-ready.
Sales-comparison approach weighted by recency, proximity, and price-per-sqft, adjusted for condition and lot. Confidence: high.
Rental Income
Median area rent is $1,800/mo based on 7 comps. Standard deviation $212/mo indicates consistent pricing in the area.
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Based on 7 comparable rentals within 2.0 miles of similar houses, monthly rents range from $1,730 (25th percentile) to $1,930 (75th percentile), with a median of $1,800.
Median + 25th/75th percentile of comparable Realtor.com rentals within 2.0 miles. Standard deviation: $212.
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