1130 Gardenia Dr #7Mount UllaNC28125
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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
Investment property for sale in Mount Ulla at 1130 Gardenia Dr #7, Mount Ulla, NC, 28125 offers a 7.79% rental yield on a $431,900 purchase with $2,802/mo rent. Total monthly income registers $2,802/mo, and a $2,114/mo payment leaves $170/mo available for distribution. Annual cash flow reaches $2,037/yr on $143,175 to close, and return on cash invested stands at 21.33% in year one. Equity gained on principal adds $2,787/yr while 5% annual appreciation supports $119,326 over five years. Portfolio math shows five-year ROI at 110.35% and total cumulative return in cash at $157,991. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,802/mo property income against a $2,114/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.95 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
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Listed by: Rebecca Spires • Adams Homes Realty-NC, Inc.
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4318954