1236 Pamlico DrGreensboroNC27408
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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 1236 Pamlico Dr, Greensboro, NC, 27408 generates $1,544/mo in rent and, after a $768/mo payment, leaves $588/mo in cash flow. Total monthly income is $1,544/mo, and annual cash flow is $7,053/yr on $52,012 invested. Return on cash invested sits at 33.47% in year one, and rental yield is 11.81% on a $156,900 entry. Equity gained on principal adds $1,012/yr, while 5% annual appreciation builds toward $43,349 over five years. Five-year ROI reaches 175.46% and total cumulative return in cash sums $91,260. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,544/mo property income rather than buyer’s personal income.
Apartment
Built in 1949
871 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27408, Greensboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,597 (100%) |
| Owner Occupied HU | 5,747 (66.8%) |
| Renter Occupied HU | 2,394 (27.8%) |
| Vacant Housing Units | 456 ( 5.3%) |
| Median Home Value | $389,525 |
| Average Home Value | $484,426 |
Housing Distribution
Address Breakdown
Residential
8,548
Single Family
7,576
Multi-Family
972
Businesses
1,342
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