1011 W Wendover AveGreensboroNC27408
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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 1011 W Wendover Ave, Greensboro, NC, 27408 with 5% annual appreciation on a $205,900 basis while $1,922/mo rent supports operations. Total monthly income totals $1,922/mo and a $1,008/mo payment preserves $667/mo for cash returns. Annual cash flow comes to $8,003/yr on $68,256 deployed, and return on cash invested reaches 31.63% in year one. Equity gained on principal adds $1,329/yr, and five-year appreciation sums $56,886 alongside rental yield of 11.2%. Five-year ROI measures 165.59% and total cumulative return in cash totals $113,028.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,922/mo property income versus a $1,008/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1945
0.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27408, Greensboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,597 (100%) |
| Owner Occupied HU | 5,747 (66.8%) |
| Renter Occupied HU | 2,394 (27.8%) |
| Vacant Housing Units | 456 ( 5.3%) |
| Median Home Value | $389,525 |
| Average Home Value | $484,426 |
Housing Distribution
Address Breakdown
Residential
8,548
Single Family
7,576
Multi-Family
972
Businesses
1,342
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Listed by: Tami Burton • Pickering & Company Inc.
Mls Name: Triad MLS
Mls ID: #1203670