6 Brook Forest 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
Investment property for sale in Arden at 6 Brook Forest Dr, Arden, NC, 28704 uses $152,159 cash to close to unlock $9,746/yr annual cash flow and $812/mo monthly cash flow. Total monthly income runs $3,610/mo, and a $2,247/mo payment keeps the spread at $812/mo. Purchase price stands at $459,000, and rental yield measures 9.44% with $3,610/mo rent. Return on cash invested shows 26.31% in year one, and 5% annual appreciation builds toward $126,813 over five years. Five-year ROI reaches 137.08% and total cumulative return in cash records $208,583. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,610/mo property income covering a $2,247/mo payment rather than investor’s personal income.
Single Family
Built in 1979
1.12 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: George Lycan • Keller Williams Professionals
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4281049