40 Hyde Park PlArdenNC28704
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 40 Hyde Park Pl, Arden, NC, 28704 offers $2,731/mo rent that, after a $2,203/mo payment. Total monthly income is $2,731/mo. Return on cash invested measures 19.81% in year one, and rental yield stands at 7.28% at a $450,000 entry. Equity gained on principal adds $2,904/yr while 5% annual appreciation compounds into $124,327 by year five. Five-year ROI records 102.2% and total cumulative return in cash reaches $152,454. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,731/mo property income versus a $2,203/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
0.10 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Pablo Souza • Souza Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4302535