299 Malamute LnGreensboroNC27407
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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 299 Malamute Ln, Greensboro, NC, 27407 priced at $195,000 converts $1,854/mo rent into $666/mo cash flow after a $954/mo obligation. Total monthly income equals $1,854/mo, and annual cash flow totals $7,992/yr on $64,643 invested. Return on cash invested prints 32.27% in year one, and rental yield reads 11.41% against a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation compiles into $53,875 by year five. Five-year ROI reaches 169.02% and total cumulative return in cash sums $109,258. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,854/mo property income covering a $954/mo payment, not borrower’s personal income.
Townhouse
Built in 2006
871.20 sqft lot
$N/A/sqft
No 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: Hillary Miller Aaron • Allen Tate/Wake Forest
Mls Name: Doorify MLS
Mls ID: #10123410