4702 Pennoak LnGreensboroNC27409
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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 4702 Pennoak Ln, Greensboro, NC, 27409 listed at $185,000 pairs $1,775/mo rent with a $905/mo payment to leave $648/mo cash flow. Total monthly income runs $1,775/mo, and annual cash flow reaches $7,776/yr on $61,328 cash to close. Return on cash invested measures 32.59% in year one, and rental yield registers 11.51% at a $185,000 basis. Equity gained on principal adds $1,194/yr, and annual property appreciation at 5% supports $51,112 by year five. Five-year ROI tracks 170.69% and total cumulative return in cash totals $104,679. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,775/mo property income relative to a $905/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2007
0.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27409, Greensboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,953 (100%) |
| Owner Occupied HU | 3,627 (33.1%) |
| Renter Occupied HU | 6,524 (59.6%) |
| Vacant Housing Units | 802 ( 7.3%) |
| Median Home Value | $259,275 |
| Average Home Value | $328,348 |
Housing Distribution
Address Breakdown
Residential
10,145
Single Family
4,059
Multi-Family
6,086
Businesses
1,308
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Listed by: Nicole Rafferty • RE/MAX Realty Consultants
Mls Name: Triad MLS
Mls ID: #1205197