1006 Ardmore DrGreensboroNC27401
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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 Greensboro at 1006 Ardmore Dr, Greensboro, NC, 27401 uses $62,952 cash to close to unlock $3,157/yr annual cash flow and $263/mo monthly cash flow. Total monthly income runs $1,420/mo, and a $929/mo payment keeps the spread at $263/mo. Purchase price stands at $189,900, and rental yield measures 8.97% with $1,420/mo rent. Return on cash invested shows 24.92% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 129.67% and total cumulative return in cash records $81,629. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,420/mo property income covering a $929/mo payment rather than investor’s personal income.
Single Family
Built in 1988
0.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27401, Greensboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,034 (100%) |
| Owner Occupied HU | 3,003 (29.9%) |
| Renter Occupied HU | 5,568 (55.5%) |
| Vacant Housing Units | 1,463 (14.6%) |
| Median Home Value | $221,587 |
| Average Home Value | $285,027 |
Housing Distribution
Address Breakdown
Residential
9,044
Single Family
6,962
Multi-Family
2,082
Businesses
1,476
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Listed by: Briana Portillo • R&B Legacy Group
Mls Name: Triad MLS
Mls ID: #1203785