1167 Glendale DrGreensboroNC27406
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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 1167 Glendale Dr, Greensboro, NC, 27406 offers a 11.75% rental yield on a $180,000 purchase with $1,763/mo rent. Total monthly income registers $1,763/mo, and a $881/mo payment leaves $666/mo available for distribution. Annual cash flow reaches $7,992/yr on $59,670 to close, and return on cash invested stands at 33.3% in year one. Equity gained on principal adds $1,162/yr while 5% annual appreciation supports $49,731 over five years. Portfolio math shows five-year ROI at 174.55% and total cumulative return in cash at $104,153. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,763/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1983
0.03 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
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Listed by: Jay McGovern • Oak & Elm Realty Group LLC
Mls Name: Triad MLS
Mls ID: #1200291