1030 Gardenia Dr #2Mount UllaNC28125
INVESTMENT ANALYSIS
Investment Verdict
Solid Income1030 Gardenia Dr #2, Mount Ulla, NC, 28125 in Mount Ulla is a solid income-producing rental, 8.47% gross yield, $3,149/mo rent, $431/mo net cash flow on a $445,900 buy. DSCR 1.57 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $123,194 and $4,107/yr in principal reduction project a total cumulative return of $196,654.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 6.2% |
| Monthly Cash Flow | $431 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,149 |
| Total Monthly Debt Service | $2,540 |
| DSCR Ratio | 1.24x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2025
0.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28125, Mount Ulla, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,262 (100%) |
| Owner Occupied HU | 980 (77.7%) |
| Renter Occupied HU | 214 (17.0%) |
| Vacant Housing Units | 68 ( 5.4%) |
| Median Home Value | $368,932 |
| Average Home Value | $424,416 |
Housing Distribution
Address Breakdown
Residential
1,206
Single Family
1,206
Multi-Family
0
Businesses
57
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2025
0.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28125, Mount Ulla, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,262 (100%) |
| Owner Occupied HU | 980 (77.7%) |
| Renter Occupied HU | 214 (17.0%) |
| Vacant Housing Units | 68 ( 5.4%) |
| Median Home Value | $368,932 |
| Average Home Value | $424,416 |
Housing Distribution
Address Breakdown
Residential
1,206
Single Family
1,206
Multi-Family
0
Businesses
57
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rebecca Spires • Adams Homes Realty-NC, Inc.
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4322346