2402 N Elm StGreensboroNC27408
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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
Investment property for sale in Greensboro at 2402 N Elm St, Greensboro, NC, 27408 listed at $739,700 pairs $4,019/mo rent with a $3,620/mo payment. Total monthly income runs $4,019/mo. Return on cash invested measures 16.66% in year one, and rental yield registers 6.52% at a $739,700 basis. Equity gained on principal adds $4,773/yr, and annual property appreciation at 5% supports $204,365 by year five. Five-year ROI tracks 85.65% and total cumulative return in cash totals $208,440. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,019/mo property income relative to a $3,620/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Home Type Unknown
Built in 2023
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27408, Greensboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,597 (100%) |
| Owner Occupied HU | 5,747 (66.8%) |
| Renter Occupied HU | 2,394 (27.8%) |
| Vacant Housing Units | 456 ( 5.3%) |
| Median Home Value | $389,525 |
| Average Home Value | $484,426 |
Housing Distribution
Address Breakdown
Residential
8,548
Single Family
7,576
Multi-Family
972
Businesses
1,342
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Listed by: N/A • N/A
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