1135 Glendale DrGreensboroNC27406
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 1135 Glendale Dr, Greensboro, NC, 27406 uses $52,709 cash to close to unlock $6,458/yr annual cash flow and $538/mo monthly cash flow. Total monthly income runs $1,507/mo, and a $778/mo payment keeps the spread at $538/mo. Purchase price stands at $159,000, and rental yield measures 11.37% with $1,507/mo rent. Return on cash invested shows 32.16% in year one, and 5% annual appreciation builds toward $43,929 over five years. Five-year ROI reaches 168.5% and total cumulative return in cash records $88,812. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,507/mo property income covering a $778/mo payment rather than investor’s personal income.
Townhouse
Built in 1983
0.04 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: Royda Turman • Keller Williams Realty Elite
Mls Name: Triad MLS
Mls ID: #1203154