2524 New Garden Rd EGreensboroNC27455
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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 2524 New Garden Rd E, Greensboro, NC, 27455 generates $1,744/mo in rent and, after a $1,370/mo payment, leaves $38/mo in cash flow. Total monthly income is $1,744/mo, and annual cash flow is $457/yr on $92,787 invested. Return on cash invested sits at 20.4% in year one, and rental yield is 7.48% on a $279,900 entry. Equity gained on principal adds $1,806/yr, while 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 105.4% and total cumulative return in cash sums $97,801. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,744/mo property income rather than buyer’s personal income.
Single Family
Built in 1953
0.68 Acres lot
$N/A/sqft
No 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: Jack Barrett • New Garden Realty LLC
Mls Name: Triad MLS
Mls ID: #1189867