1118 Glenwood AveGreensboroNC27403
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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 1118 Glenwood Ave, Greensboro, NC, 27403 at $113,600 posts ROI 68.99% with $1,540/mo cash flow from $2,286/mo rent. Total monthly income equals $2,286/mo, and annual cash flow records $18,485/yr on $37,658 to close. Return on cash invested measures 68.99% and rental yield reads 24.15% at the current $113,600. Equity gained on principal adds $733/yr, and 5% annual appreciation supports $31,386 by year five. Five-year ROI prints 366.65% and total cumulative return in cash totals $138,074.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,286/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1905
0.35 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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