5507 Bridgeway DrGreensboroNC27406
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
Rental property for sale in Greensboro at 5507 Bridgeway Dr, Greensboro, NC, 27406 generates $1,922/mo in rent and, after a $1,072/mo payment, leaves $587/mo in cash flow. Total monthly income is $1,922/mo, and annual cash flow is $7,046/yr on $72,599 invested. Return on cash invested sits at 29.61% in year one, and rental yield is 10.53% on a $219,000 entry. Equity gained on principal adds $1,413/yr, while 5% annual appreciation builds toward $60,506 over five years. Five-year ROI reaches 154.83% and total cumulative return in cash sums $112,401. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,922/mo property income rather than buyer’s personal income.
Manufactured
Built in 1991
0.31 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kara Farrar • TKB Realty Group LLC
Mls Name: Triad MLS
Mls ID: #1202301