36 Virginia Commons 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
Rental property for sale in Arden at 36 Virginia Commons Dr, Arden, NC, 28704 priced at $301,071 converts $2,916/mo rent into $931/mo cash flow after a $1,474/mo obligation. Total monthly income equals $2,916/mo, and annual cash flow totals $11,169/yr on $99,805 invested. Return on cash invested prints 31.1% in year one, and rental yield reads 11.62% against a $301,071 entry. Equity gained on principal adds $1,943/yr, while 5% annual appreciation compiles into $83,180 by year five. Five-year ROI reaches 163.39% and total cumulative return in cash sums $163,068. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,916/mo property income covering a $1,474/mo payment, not borrower’s personal income.
Townhouse
Built in 2024
0.03 Acres lot
$N/A/sqft
$150 monthly 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: Jim Preston • DR Horton Inc
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4121394
Disclaimer: Based on information submitted to the MLS GRID as of 2025-02-20 21:39:08 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_87)