207 Eden StDavidsonNC28036
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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 Davidson at 207 Eden St, Davidson, NC, 28036 offers $2,831/mo rent that, after a $1,463/mo payment, leaves $1,009/mo cash flow. Total monthly income is $2,831/mo, and annual cash flow is $12,110/yr on $99,119 cash. Return on cash invested measures 32.13% in year one, and rental yield stands at 11.36% at a $299,000 entry. Equity gained on principal adds $1,929/yr while 5% annual appreciation compounds into $82,608 by year five. Five-year ROI records 168.28% and total cumulative return in cash reaches $166,798. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,831/mo property income versus a $1,463/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1929
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28036, Davidson, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,668 (100%) |
| Owner Occupied HU | 6,377 (73.6%) |
| Renter Occupied HU | 1,815 (20.9%) |
| Vacant Housing Units | 476 ( 5.5%) |
| Median Home Value | $642,522 |
| Average Home Value | $712,496 |
Housing Distribution
Address Breakdown
Residential
8,387
Single Family
6,927
Multi-Family
1,460
Businesses
653
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Listed by: Clark Goff • Howard Hanna Allen Tate Davidson
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4257551