414 Overlook StGreensboroNC27403
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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 414 Overlook St, Greensboro, NC, 27403 offers a 9.76% rental yield on a $155,000 purchase with $1,261/mo rent. Total monthly income registers $1,261/mo, and a $759/mo payment leaves $316/mo available for distribution. Annual cash flow reaches $3,792/yr on $51,383 to close, and return on cash invested stands at 27.29% in year one. Equity gained on principal adds $1,000/yr while 5% annual appreciation supports $42,824 over five years. Portfolio math shows five-year ROI at 142.28% and total cumulative return in cash at $73,108. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,261/mo property income against a $759/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1950
0.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27403, Greensboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,501 (100%) |
| Owner Occupied HU | 4,011 (42.2%) |
| Renter Occupied HU | 4,665 (49.1%) |
| Vacant Housing Units | 825 ( 8.7%) |
| Median Home Value | $318,407 |
| Average Home Value | $354,836 |
Housing Distribution
Address Breakdown
Residential
8,990
Single Family
7,832
Multi-Family
1,158
Businesses
657
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Listed by: Ashley Fitzsimmons • Howard Hanna Allen Tate - Greensboro
Mls Name: Triad MLS
Mls ID: #1198085