12 Willimantic DrGreensboroNC27455
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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
Rental property for sale in Greensboro at 12 Willimantic Dr, Greensboro, NC, 27455 priced at $400,000 converts $2,647/mo rent into $209/mo cash flow after a $1,958/mo obligation. Total monthly income equals $2,647/mo, and annual cash flow totals $2,508/yr on $132,600 invested. Return on cash invested prints 21.8% in year one, and rental yield reads 7.94% against a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation compiles into $110,513 by year five. Five-year ROI reaches 112.85% and total cumulative return in cash sums $149,644. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,647/mo property income covering a $1,958/mo payment, not borrower’s personal income.
Single Family
Built in 1987
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27455, Greensboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,333 (100%) |
| Owner Occupied HU | 9,413 (65.7%) |
| Renter Occupied HU | 4,353 (30.4%) |
| Vacant Housing Units | 567 ( 4.0%) |
| Median Home Value | $397,806 |
| Average Home Value | $426,455 |
Housing Distribution
Address Breakdown
Residential
13,970
Single Family
10,926
Multi-Family
3,044
Businesses
303
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Listed by: DJ McGarrigan • Tyler Redhead & McAlister Real Estate, LLC
Mls Name: Triad MLS
Mls ID: #1191183