502 Overlook StGreensboroNC27403
Nearby investment properties with comparable rents
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 502 Overlook St, Greensboro, NC, 27403 earns $333/mo cash flow from $1,308/mo rent with a $783/mo payment. Total monthly income totals $1,308/mo, and annual cash flow totals $3,996/yr on $53,040 capital. ROI tracks 27.44% on current figures, and rental yield reads 9.81% at a $160,000 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,205 over five years. Five-year ROI reaches 143.1% and total cumulative return in cash sums $75,902. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,308/mo property income instead of your personal income.
Condo
Built in 1950
0.02 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michele Stephens • Fernbank Realty LLC
Mls Name: Triad MLS
Mls ID: #1200564