18 Oak Springs 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
Total monthly income runs $4,307/mo, and a $4,723/mo payment. Purchase price stands at $965,000, and rental yield measures 5.36% with $4,307/mo rent. Return on cash invested shows 14.11% in year one, and 5% annual appreciation builds toward $266,612 over five years. Five-year ROI reaches 71.58% and total cumulative return in cash records $227,263. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,307/mo property income covering a $4,723/mo payment rather than investor’s personal income.
Single Family
Built in 2012
0.22 Acres lot
$N/A/sqft
No 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: Lori Murray • Realty ONE Group Pivot Asheville
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4304406