4705 E Pennoak LnGreensboroNC27407
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Nearby investment properties with comparable prices
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 4705 E Pennoak Ln, Greensboro, NC, 27407 earns $291/mo cash flow from $1,327/mo rent with a $832/mo payment. Total monthly income totals $1,327/mo, and annual cash flow totals $3,492/yr on $56,355 capital. ROI tracks 26.11% on current figures, and rental yield reads 9.37% at a $170,000 purchase. Equity gained on principal adds $1,097/yr, and 5% annual appreciation supports $46,968 over five years. Five-year ROI reaches 135.93% and total cumulative return in cash sums $76,605. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,327/mo property income instead of your personal income.
Condo
Built in 2012
0.02 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: Carmela Hidalgo • NorthGroup Real Estate
Mls Name: Triad MLS
Mls ID: #1199760