510 Garrett StGreensboroNC27406
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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 510 Garrett St, Greensboro, NC, 27406 at $139,900 posts ROI 26.2% with $243/mo cash flow from $1,096/mo rent. Total monthly income equals $1,096/mo, and annual cash flow records $2,917/yr on $46,377 to close. Return on cash invested measures 26.2% and rental yield reads 9.4% at the current $139,900. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,652 by year five. Five-year ROI prints 136.55% and total cumulative return in cash totals $63,327.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,096/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1934
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27406, Greensboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,198 (100%) |
| Owner Occupied HU | 13,688 (50.3%) |
| Renter Occupied HU | 11,567 (42.5%) |
| Vacant Housing Units | 1,943 ( 7.1%) |
| Median Home Value | $239,903 |
| Average Home Value | $277,258 |
Housing Distribution
Address Breakdown
Residential
26,018
Single Family
20,787
Multi-Family
5,231
Businesses
1,418
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Listed by: Deborah West • Home Connections Realty
Mls Name: Triad MLS
Mls ID: #1204497