2027 E Florida StGreensboroNC27401
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 2027 E Florida St, Greensboro, NC, 27401 in Greensboro hard to pass up. The 21.24% gross yield on a $100,000 purchase results in $1,770/mo in rent and $1,161/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (3.93). Annual cash flow of $13,927, five-year appreciation of $27,628, and $921/yr in equity build-up combine for a projected total cumulative return of $112,529.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 21.2% | 6.8% |
| Monthly Cash Flow | $1,161 | $450 |
City averages based on Greensboro market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,770 |
| Total Monthly Debt Service | $570 |
| DSCR Ratio | 3.11x |
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 1961
0.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27401, Greensboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,034 (100%) |
| Owner Occupied HU | 3,003 (29.9%) |
| Renter Occupied HU | 5,568 (55.5%) |
| Vacant Housing Units | 1,463 (14.6%) |
| Median Home Value | $221,587 |
| Average Home Value | $285,027 |
Housing Distribution
Address Breakdown
Residential
9,044
Single Family
6,962
Multi-Family
2,082
Businesses
1,476
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 1961
0.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27401, Greensboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,034 (100%) |
| Owner Occupied HU | 3,003 (29.9%) |
| Renter Occupied HU | 5,568 (55.5%) |
| Vacant Housing Units | 1,463 (14.6%) |
| Median Home Value | $221,587 |
| Average Home Value | $285,027 |
Housing Distribution
Address Breakdown
Residential
9,044
Single Family
6,962
Multi-Family
2,082
Businesses
1,476
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kimberly Burgess • Kimberly Real Estate
Mls Name: Triad MLS
Mls Provider:
Mls ID: #1206503