2 Cardwell PointGreensboroNC27407
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 2 Cardwell Point, Greensboro, NC, 27407 in Greensboro at $315,000 earns $2,107/mo in rent and nets $160/mo after the $1,416/mo payment, a 8.03% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $87,029 over five years. Ziffy Mortgage underwrites this on a 1.49 DSCR without U.S. credit history. With $2,901/yr in principal paydown, total projected return reaches $131,386.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 6.8% |
| Monthly Cash Flow | $160 | $450 |
City averages based on Greensboro market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,107 |
| Total Monthly Debt Service | $1,794 |
| DSCR Ratio | 1.17x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1996
0.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27407, Greensboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,750 (100%) |
| Owner Occupied HU | 9,856 (43.3%) |
| Renter Occupied HU | 11,357 (49.9%) |
| Vacant Housing Units | 1,537 ( 6.8%) |
| Median Home Value | $249,466 |
| Average Home Value | $311,212 |
Housing Distribution
Address Breakdown
Residential
22,221
Single Family
14,870
Multi-Family
7,351
Businesses
1,927
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1996
0.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27407, Greensboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,750 (100%) |
| Owner Occupied HU | 9,856 (43.3%) |
| Renter Occupied HU | 11,357 (49.9%) |
| Vacant Housing Units | 1,537 ( 6.8%) |
| Median Home Value | $249,466 |
| Average Home Value | $311,212 |
Housing Distribution
Address Breakdown
Residential
22,221
Single Family
14,870
Multi-Family
7,351
Businesses
1,927
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Erin Henry • Howard Hanna Allen Tate - Greensboro
Mls Name: Triad MLS
Mls Provider:
Mls ID: #1206802