3803 Halifax RdGreensboroNC27407
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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 3803 Halifax Rd, Greensboro, NC, 27407 generates $1,745/mo in rent and, after a $886/mo payment, leaves $642/mo in cash flow. Total monthly income is $1,745/mo, and annual cash flow is $7,702/yr on $60,002 invested. Return on cash invested sits at 32.74% in year one, and rental yield is 11.57% on a $181,000 entry. Equity gained on principal adds $1,168/yr, while 5% annual appreciation builds toward $50,007 over five years. Five-year ROI reaches 171.55% and total cumulative return in cash sums $102,931. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,745/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
0.24 Acres 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: Sabrina Andrijov • Triad's Finest Real Estate by eXp Realty
Mls Name: Triad MLS
Mls ID: #1197054