3700 Millennium DrGreensboroNC27455
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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 3700 Millennium Dr, Greensboro, NC, 27455 listed at $469,900 pairs $3,098/mo rent with a $2,300/mo payment to leave $234/mo cash flow. Total monthly income runs $3,098/mo, and annual cash flow reaches $2,809/yr on $155,772 cash to close. Return on cash invested measures 21.71% in year one, and rental yield registers 7.91% at a $469,900 basis. Equity gained on principal adds $3,032/yr, and annual property appreciation at 5% supports $129,825 by year five. Five-year ROI tracks 112.41% and total cumulative return in cash totals $175,106. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,098/mo property income relative to a $2,300/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27455, Greensboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,333 (100%) |
| Owner Occupied HU | 9,413 (65.7%) |
| Renter Occupied HU | 4,353 (30.4%) |
| Vacant Housing Units | 567 ( 4.0%) |
| Median Home Value | $397,806 |
| Average Home Value | $426,455 |
Housing Distribution
Address Breakdown
Residential
13,970
Single Family
10,926
Multi-Family
3,044
Businesses
303
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Listed by: Jessica Zombek Ferris • Keller Williams Realty Elite
Mls Name: Triad MLS
Mls ID: #1199260