5527 Hornaday Rd UNIT FGreensboroNC27409
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 5527 Hornaday Rd UNIT F, Greensboro, NC, 27409 in Greensboro deserves attention. This $158,100 property earns $1,651/mo in rent, a 12.53% gross yield, and nets $510/mo after the $711/mo payment. DSCR 2.32 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $43,680 compounds alongside $1,456/yr in yearly equity build, for a total cumulative return of $93,484.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.5% | 6.8% |
| Monthly Cash Flow | $510 | $450 |
City averages based on Greensboro market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,651 |
| Total Monthly Debt Service | $1,078 |
| DSCR Ratio | 1.53x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1997
435 sqft lot
$N/A/sqft
$167 monthly 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
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
Condo
Built in 1997
435 sqft lot
$N/A/sqft
$167 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A