3305 Woodlea DrGreensboroNC27406
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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 3305 Woodlea Dr, Greensboro, NC, 27406 uses $91,163 cash to close to unlock $5,100/yr annual cash flow and $425/mo monthly cash flow. Total monthly income runs $2,101/mo, and a $1,346/mo payment keeps the spread at $425/mo. Purchase price stands at $275,000, and rental yield measures 9.17% with $2,101/mo rent. Return on cash invested shows 25.5% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 132.71% and total cumulative return in cash records $120,983. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,101/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 1963
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27406, Greensboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,198 (100%) |
| Owner Occupied HU | 13,688 (50.3%) |
| Renter Occupied HU | 11,567 (42.5%) |
| Vacant Housing Units | 1,943 ( 7.1%) |
| Median Home Value | $239,903 |
| Average Home Value | $277,258 |
Housing Distribution
Address Breakdown
Residential
26,018
Single Family
20,787
Multi-Family
5,231
Businesses
1,418
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Listed by: Keisha Smith • Keller Williams One
Mls Name: Triad MLS
Mls ID: #1193021