4107 Summerglen 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 4107 Summerglen Dr, Greensboro, NC, 27406 uses $69,947 cash to close to unlock $6,022/yr annual cash flow and $502/mo monthly cash flow. Total monthly income runs $1,788/mo, and a $1,033/mo payment keeps the spread at $502/mo. Purchase price stands at $211,000, and rental yield measures 10.17% with $1,788/mo rent. Return on cash invested shows 28.52% in year one, and 5% annual appreciation builds toward $58,295 over five years. Five-year ROI reaches 148.89% and total cumulative return in cash records $104,141. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,788/mo property income covering a $1,033/mo payment rather than investor’s personal income.
Single Family
Built in 1964
0.24 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: Stirling West • Mark Spain Real Estate
Mls Name: Triad MLS
Mls ID: #1195684