1117 Highland AveGreensboroNC27403
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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 1117 Highland Ave, Greensboro, NC, 27403 earns $593/mo cash flow from $1,888/mo rent with a $1,040/mo payment. Total monthly income totals $1,888/mo, and annual cash flow totals $7,116/yr on $70,444 capital. ROI tracks 30.01% on current figures, and rental yield reads 10.66% at a $212,500 purchase. Equity gained on principal adds $1,371/yr, and 5% annual appreciation supports $58,710 over five years. Five-year ROI reaches 156.87% and total cumulative return in cash sums $110,504. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,888/mo property income instead of your personal income.
Single Family
Built in 1988
0.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27403, Greensboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,501 (100%) |
| Owner Occupied HU | 4,011 (42.2%) |
| Renter Occupied HU | 4,665 (49.1%) |
| Vacant Housing Units | 825 ( 8.7%) |
| Median Home Value | $318,407 |
| Average Home Value | $354,836 |
Housing Distribution
Address Breakdown
Residential
8,990
Single Family
7,832
Multi-Family
1,158
Businesses
657
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Listed by: Landon Stone • Real Broker LLC
Mls Name: Triad MLS
Mls ID: #1190080