500 N Mendenhall StGreensboroNC27401
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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 500 N Mendenhall St, Greensboro, NC, 27401 at $265,000 posts ROI 25.05% with $376/mo cash flow from $2,038/mo rent. Total monthly income equals $2,038/mo, and annual cash flow records $4,514/yr on $87,848 to close. Return on cash invested measures 25.05% and rental yield reads 9.23% at the current $265,000. Equity gained on principal adds $1,710/yr, and 5% annual appreciation supports $73,215 by year five. Five-year ROI prints 130.55% and total cumulative return in cash totals $114,687.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,038/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1919
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27401, Greensboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,034 (100%) |
| Owner Occupied HU | 3,003 (29.9%) |
| Renter Occupied HU | 5,568 (55.5%) |
| Vacant Housing Units | 1,463 (14.6%) |
| Median Home Value | $221,587 |
| Average Home Value | $285,027 |
Housing Distribution
Address Breakdown
Residential
9,044
Single Family
6,962
Multi-Family
2,082
Businesses
1,476
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