1 Chambers Garden DrArdenNC28704
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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 Arden at 1 Chambers Garden Dr, Arden, NC, 28704 priced at $314,000 converts $2,232/mo rent into $188/mo cash flow after a $1,537/mo obligation. Total monthly income equals $2,232/mo, and annual cash flow totals $2,258/yr on $104,091 invested. Return on cash invested prints 22.08% in year one, and rental yield reads 8.53% against a $314,000 entry. Equity gained on principal adds $2,026/yr, while 5% annual appreciation compiles into $86,752 by year five. Five-year ROI reaches 114.93% and total cumulative return in cash sums $119,631. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,232/mo property income covering a $1,537/mo payment, not borrower’s personal income.
Townhouse
Built in 2022
0.03 Acres lot
$N/A/sqft
$130 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28704, Arden, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,283 (100%) |
| Owner Occupied HU | 6,564 (49.4%) |
| Renter Occupied HU | 5,409 (40.7%) |
| Vacant Housing Units | 1,310 ( 9.9%) |
| Median Home Value | $460,403 |
| Average Home Value | $610,342 |
Housing Distribution
Address Breakdown
Residential
12,048
Single Family
9,990
Multi-Family
2,058
Businesses
976
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Listed by: Johana Kirilin • Coldwell Banker Advantage
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4252737
Disclaimer: Based on information submitted to the MLS GRID as of 2025-05-08 17:33:09 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#87)