1706 E Cone BlvdGreensboroNC27405
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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 1706 E Cone Blvd, Greensboro, NC, 27405 generates $1,415/mo in rent and, after a $964/mo payment, leaves $215/mo in cash flow. Total monthly income is $1,415/mo, and annual cash flow is $2,575/yr on $65,306 invested. Return on cash invested sits at 23.85% in year one, and rental yield is 8.62% on a $197,000 entry. Equity gained on principal adds $1,271/yr, while 5% annual appreciation builds toward $54,427 over five years. Five-year ROI reaches 123.91% and total cumulative return in cash sums $80,918. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,415/mo property income rather than buyer’s personal income.
Single Family
Built in 1982
0.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27405, Greensboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,151 (100%) |
| Owner Occupied HU | 10,849 (46.9%) |
| Renter Occupied HU | 10,647 (46.0%) |
| Vacant Housing Units | 1,655 ( 7.1%) |
| Median Home Value | $206,304 |
| Average Home Value | $251,583 |
Housing Distribution
Address Breakdown
Residential
21,840
Single Family
17,966
Multi-Family
3,874
Businesses
1,560
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Listed by: Taylor Howell • Howell Homes Team LLC
Mls Name: Triad MLS
Mls ID: #1202915