2328 W Vandalia Rd UNIT KGreensboroNC27407
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
Investment Highlights
Rental property for sale in Greensboro at 2328 W Vandalia Rd UNIT K, Greensboro, NC, 27407 offers $1,004/mo rent that, after a $627/mo payment. Total monthly income is $1,004/mo. Return on cash invested measures 18.76% in year one, and rental yield stands at 9.41% at a $128,000 entry. Equity gained on principal adds $826/yr while 5% annual appreciation compounds into $35,364 by year five. Five-year ROI records 99.35% and total cumulative return in cash reaches $42,155. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,004/mo property income versus a $627/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1987
0.01 Acres lot
$N/A/sqft
$265 monthly 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
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Listed by: Tarra Medley • EDGE Realty
Mls Name: Triad MLS
Mls Provider:
Mls ID: #1177387
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