314 Woodnettle LnArdenNC28704
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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 Arden at 314 Woodnettle Ln, Arden, NC, 28704 offers a 8.1% rental yield on a $412,999 purchase with $2,789/mo rent. Total monthly income registers $2,789/mo, and a $2,021/mo payment leaves $272/mo available for distribution. Annual cash flow reaches $3,269/yr on $136,909 to close, and return on cash invested stands at 22.3% in year one. Equity gained on principal adds $2,665/yr while 5% annual appreciation supports $114,104 over five years. Portfolio math shows five-year ROI at 115.53% and total cumulative return in cash at $158,177. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,789/mo property income against a $2,021/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
6,534 sqft 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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