312 Spicewood DrGreensboroNC27405
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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 312 Spicewood Dr, Greensboro, NC, 27405 earns $48/mo cash flow from $1,694/mo rent with a $1,322/mo payment. Total monthly income totals $1,694/mo, and annual cash flow totals $576/yr on $89,505 capital. ROI tracks 20.55% on current figures, and rental yield reads 7.53% at a $270,000 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,596 over five years. Five-year ROI reaches 106.16% and total cumulative return in cash sums $95,017. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,694/mo property income instead of your personal income.
Single Family
Built in 1968
0.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27405, Greensboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,151 (100%) |
| Owner Occupied HU | 10,849 (46.9%) |
| Renter Occupied HU | 10,647 (46.0%) |
| Vacant Housing Units | 1,655 ( 7.1%) |
| Median Home Value | $206,304 |
| Average Home Value | $251,583 |
Housing Distribution
Address Breakdown
Residential
21,840
Single Family
17,966
Multi-Family
3,874
Businesses
1,560
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Listed by: Jason Coleman • eXp Realty
Mls Name: Triad MLS
Mls ID: #1202867