4023 Chelsea Dr #KLWXH5DenverNC28037
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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 Denver at 4023 Chelsea Dr #KLWXH5, Denver, NC, 28037 offers $2,488/mo rent that, after a $1,569/mo payment, leaves $534/mo cash flow. Total monthly income is $2,488/mo, and annual cash flow is $6,413/yr on $106,246 cash. Return on cash invested measures 25.94% in year one, and rental yield stands at 9.32% at a $320,500 entry. Equity gained on principal adds $2,068/yr while 5% annual appreciation compounds into $88,548 by year five. Five-year ROI records 135.1% and total cumulative return in cash reaches $143,536. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,488/mo property income versus a $1,569/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28037, Denver, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,589 (100%) |
| Owner Occupied HU | 10,428 (76.7%) |
| Renter Occupied HU | 2,019 (14.9%) |
| Vacant Housing Units | 1,142 ( 8.4%) |
| Median Home Value | $470,635 |
| Average Home Value | $547,465 |
Housing Distribution
Address Breakdown
Residential
13,309
Single Family
12,670
Multi-Family
639
Businesses
1,164
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Listed by: N/A • N/A
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Mls ID: #N/A