2405 McConnell RdGreensboroNC27401
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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 2405 McConnell Rd, Greensboro, NC, 27401 listed at $154,000 pairs $1,035/mo rent with a $754/mo payment to leave $96/mo cash flow. Total monthly income runs $1,035/mo, and annual cash flow reaches $1,154/yr on $51,051 cash to close. Return on cash invested measures 22.17% in year one, and rental yield registers 8.06% at a $154,000 basis. Equity gained on principal adds $994/yr, and annual property appreciation at 5% supports $42,547 by year five. Five-year ROI tracks 114.95% and total cumulative return in cash totals $58,682. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,035/mo property income relative to a $754/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1953
N/A 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
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Listed by: Jason Britt • Howard Hanna Allen Tate - Winston Salem
Mls Name: Triad MLS
Mls ID: #1204328