3503 Cherry Hill DrGreensboroNC27410
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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 3503 Cherry Hill Dr, Greensboro, NC, 27410 with 5% annual appreciation on a $335,900 basis while $2,298/mo rent supports operations. Total monthly income totals $2,298/mo and a $1,644/mo payment preserves $196/mo for cash returns. Annual cash flow comes to $2,349/yr on $111,351 deployed, and return on cash invested reaches 22.02% in year one. Equity gained on principal adds $2,168/yr, and five-year appreciation sums $92,803 alongside rental yield of 8.21%. Five-year ROI measures 114.25% and total cumulative return in cash totals $127,215.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,298/mo property income versus a $1,644/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1985
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27410, Greensboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,093 (100%) |
| Owner Occupied HU | 15,427 (56.9%) |
| Renter Occupied HU | 10,002 (36.9%) |
| Vacant Housing Units | 1,664 ( 6.1%) |
| Median Home Value | $350,535 |
| Average Home Value | $394,957 |
Housing Distribution
Address Breakdown
Residential
27,045
Single Family
17,953
Multi-Family
9,092
Businesses
1,203
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Listed by: Jimmy Cole • HAUSER REALTY GROUP
Mls Name: Dan River Region AOR
Mls Provider:
Mls ID: #74057
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.