518 Oferrell StGreensboroNC27405
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 518 Oferrell St, Greensboro, NC, 27405 at $279,900 posts ROI 27.01% with $549/mo cash flow from $2,255/mo rent. Total monthly income equals $2,255/mo, and annual cash flow records $6,589/yr on $92,787 to close. Return on cash invested measures 27.01% and rental yield reads 9.67% at the current $279,900. Equity gained on principal adds $1,806/yr, and 5% annual appreciation supports $77,331 by year five. Five-year ROI prints 140.85% and total cumulative return in cash totals $130,693.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,255/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2018
0.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27405, Greensboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,151 (100%) |
| Owner Occupied HU | 10,849 (46.9%) |
| Renter Occupied HU | 10,647 (46.0%) |
| Vacant Housing Units | 1,655 ( 7.1%) |
| Median Home Value | $206,304 |
| Average Home Value | $251,583 |
Housing Distribution
Address Breakdown
Residential
21,840
Single Family
17,966
Multi-Family
3,874
Businesses
1,560
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Listed by: Marvette Artis • Wilkinson Triad Realty
Mls Name: Triad MLS
Mls ID: #1190247