5521 Hornaday Rd UNIT CGreensboroNC27409
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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
Rental property for sale in Greensboro at 5521 Hornaday Rd UNIT C, Greensboro, NC, 27409 generates $1,185/mo in rent and, after a $734/mo payment, leaves $271/mo in cash flow. Total monthly income is $1,185/mo, and annual cash flow is $3,253/yr on $49,692 invested. Return on cash invested sits at 26.46% in year one, and rental yield is 9.49% on a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 137.91% and total cumulative return in cash sums $68,531. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,185/mo property income rather than buyer’s personal income.
Condo
Built in 1995
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27409, Greensboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,953 (100%) |
| Owner Occupied HU | 3,627 (33.1%) |
| Renter Occupied HU | 6,524 (59.6%) |
| Vacant Housing Units | 802 ( 7.3%) |
| Median Home Value | $259,275 |
| Average Home Value | $328,348 |
Housing Distribution
Address Breakdown
Residential
10,145
Single Family
4,059
Multi-Family
6,086
Businesses
1,308
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Listed by: Stacy Parent • Coldwell Banker Advantage
Mls Name: Triad MLS
Mls ID: #1205937