1211 Vance StGreensboroNC27406
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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 1211 Vance St, Greensboro, NC, 27406 listed at $126,400 pairs $1,536/mo rent with a $619/mo payment to leave $765/mo cash flow. Total monthly income runs $1,536/mo, and annual cash flow reaches $9,184/yr on $41,902 cash to close. Return on cash invested measures 41.83% in year one, and rental yield registers 14.58% at a $126,400 basis. Equity gained on principal adds $816/yr, and annual property appreciation at 5% supports $34,922 by year five. Five-year ROI tracks 220.35% and total cumulative return in cash totals $92,328. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,536/mo property income relative to a $619/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1989
6,969 sqft 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: N/A • N/A
Mls Name: NextHome
Mls Provider:
Mls ID: #1189536