2 Gingerly WayGreensboroNC27455
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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 2 Gingerly Way, Greensboro, NC, 27455 offers $2,833/mo rent that, after a $2,251/mo payment. Total monthly income is $2,833/mo. Return on cash invested measures 18.33% in year one, and rental yield stands at 7.39% at a $460,000 entry. Equity gained on principal adds $2,968/yr while 5% annual appreciation compounds into $127,090 by year five. Five-year ROI records 94.92% and total cumulative return in cash reaches $144,745. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,833/mo property income versus a $2,251/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2019
0.03 Acres lot
$N/A/sqft
$211 monthly 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: James Kirchner • Mark Spain Real Estate
Mls Name: Triad MLS
Mls Provider:
Mls ID: #1181803
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