34 Edney 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
Rental property for sale in Arden at 34 Edney Ln, Arden, NC, 28704 priced at $389,400 pairs $2,774/mo rent with $401/mo cash flow after a $1,906/mo payment. Total monthly income equals $2,774/mo, and annual cash flow comes to $4,809/yr on $129,086 invested. Return on cash invested is 23.63% in year one, and rental yield stands at 8.55% on a $389,400 basis. Equity gained on principal adds $2,513/yr, and 5% annual appreciation accumulates to $107,584 by year five. Five-year ROI measures 122.7% and total cumulative return in cash reaches $158,388. For financing, Ziffy Mortgage’s DSCR program evaluates $2,774/mo property income against a $1,906/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1963
0.43 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: N/A • N/A
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