2920 Martinsville Rd APT 301GreensboroNC27408
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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 2920 Martinsville Rd APT 301, Greensboro, NC, 27408 listed at $270,000 pairs $1,822/mo rent with a $1,322/mo payment to leave $176/mo cash flow. Total monthly income runs $1,822/mo, and annual cash flow reaches $2,112/yr on $89,505 cash to close. Return on cash invested measures 22.27% in year one, and rental yield registers 8.1% at a $270,000 basis. Equity gained on principal adds $1,742/yr, and annual property appreciation at 5% supports $74,596 by year five. Five-year ROI tracks 115.37% and total cumulative return in cash totals $103,261. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,822/mo property income relative to a $1,322/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2008
0.01 Acres 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: Cameron Lovelace • Berkshire Hathaway HomeServices Yost & Little Realty
Mls Name: Triad MLS
Mls ID: #1204111