0out of 100
Below Average

809 Cherokee Circle, Sanford, FL, USA

Score Breakdown
Value21/40
Cash Flow14/35
Location14/25
$
$279,000
%
$55,800 cash at risk up front
49
809 Cherokee Circle, Sanford, FL, USA
4 bd2 ba

Below Average

49/100

This is an excellent deal — priced below the local market with healthy equity after repairs. The fundamentals line up well across the board.

Highlights
  • 38% below area price per sqft
  • $187k potential equity (37%)
  • $905/mo positive cash flow
  • 6.51% cap rate
  • Established neighborhood (80/100)
Watch-outs
  • No major red flags detected

Price vs. Market

Good
Your offer
$134/sqft
Area avg
$178/sqft
25% below market average
Your offer
$279,000
At market rate
$371,486

ARV Assessment

Needs WorkLive · LLM + comps
ARV Low
$120k
Est. ARV
$165k
ARV High
$200k
Total Investment
$279k
Est. ARV
$165k
Rehab Cost
$6k
Potential Equity
$-114k
Comparable Reasoning

The ARV range after full renovation is estimated between $120,000 and $200,000 based on the selected comparables.

2 more details
Condition Assessment

Property presents in turnkey condition. Estimated rehab of $6k covers minor refresh and make-ready.

Methodology

Sales-comparison approach using 6 live sold comps from Realtor.com (filtered from 10 candidates), evaluated by LLM for proximity, recency, and renovation quality.

High confidence6 live sold comps

Comparable Sales

6 comps
732 Cherokee Cir, Sanford, FL
90% match
$237,000
$225/sqft
732 Cherokee Cir, Sanford, FL
3 1 1,0530.12 misold May 2026
701 Cherokee Cir, Sanford, FL
88% match
$260,000
$250/sqft
701 Cherokee Cir, Sanford, FL
3 2 1,0400.27 misold May 2026
$70,000
$52/sqft
504 Pathway Ct, Sanford, FL
1,3440.37 mi
9 Carriage Cove Way, Sanford, FL
82% match
$98,000
$75/sqft
9 Carriage Cove Way, Sanford, FL
3 2 1,3000.45 mi
705 Northlake Dr Unit 705, Sanford, FL
78% match
$130,000
$143/sqft
705 Northlake Dr Unit 705, Sanford, FL
2 2 9120.58 misold May 2026
3793 Eagle Preserve Pt, Sanford, FL
79% match
$280,000
$214/sqft
3793 Eagle Preserve Pt, Sanford, FL
2 2.5 1,3080.85 misold May 2026
ARV & comps — see the full analysis on Offa

Rental Income

FairLive · 7 comps
25th pct
$1,700
Median /mo
$1,800
75th pct
$2,000
Monthly Rent
$1,800
Annual Rent
$22k
Rental Yield
7.7%
Cap Rate
4.3%
Market Assessment

Median area rent is $1,800/mo based on 7 comps. Standard deviation $229/mo indicates consistent pricing in the area.

2 more details
Comparable Reasoning

Based on 7 comparable rentals within 3.0 miles of similar houses, monthly rents range from $1,700 (25th percentile) to $2,000 (75th percentile), with a median of $1,800.

Methodology

Median + 25th/75th percentile of comparable Realtor.com rentals within 3.0 miles. Standard deviation: $229.

Based on 7 rental comps within 3.0 mi · σ $229
Rental analysis — see the full analysis on Offa

Financing Calculator

Needs Work
Price
$279,000
Loan
$223,200
$55,800
%
%
↓ Monthly Costs
↑ Income Potential
Principal + Interest$1,485/mo
Estimated Rent$1,800/mo
Taxes + Insurance$360/mo
Cash-on-Cash Return-0.88%
Total Payment
$1,845/mo
Monthly Cash Flow
$-45/mo
Negative cash flow: $45/mo
Monthly expenses exceed rental income. Consider a lower offer, larger down payment, or higher rent.

Neighborhood Profile

Needs WorkLive Data
CTier
Emerging Neighborhood54/100
Composite socioeconomic score
Median Income
$63k
Median Home
$260k
Median Rent
$1,482/mo
Homeownership
56.55%
Vacancy
5.84%
Population
33,184
Score Breakdown
Income & Wealth
50
Housing Market
56
Education
37
Employment
77
Stability
54
Infrastructure
72
Neighborhood data — see the full analysis on Offa

City Population

GoodLive Data
Sanford, FL
10-year population trend
+12.7% / decade
City Population
62,292
Density / sq mi
2,599
Area (sq mi)
24
Within 1 Mile
5,175
1-Mile Density
1,648
Trend Years
2014–2023

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