1116 Kentmere RdGreensboroNC27406
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
Investment property for sale in Greensboro at 1116 Kentmere Rd, Greensboro, NC, 27406 offers a 8.48% rental yield on a $208,000 purchase with $1,469/mo rent. Total monthly income registers $1,469/mo, and a $1,018/mo payment leaves $201/mo available for distribution. Annual cash flow reaches $2,417/yr on $68,952 to close, and return on cash invested stands at 23.41% in year one. Equity gained on principal adds $1,342/yr while 5% annual appreciation supports $57,467 over five years. Portfolio math shows five-year ROI at 121.56% and total cumulative return in cash at $83,820. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,469/mo property income against a $1,018/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1985
1.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27406, Greensboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,198 (100%) |
| Owner Occupied HU | 13,688 (50.3%) |
| Renter Occupied HU | 11,567 (42.5%) |
| Vacant Housing Units | 1,943 ( 7.1%) |
| Median Home Value | $239,903 |
| Average Home Value | $277,258 |
Housing Distribution
Address Breakdown
Residential
26,018
Single Family
20,787
Multi-Family
5,231
Businesses
1,418
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Clarence Powell • Keller Williams One
Mls Name: Triad MLS
Mls ID: #1197252