5665 Hornaday Rd UNIT EGreensboroNC27409
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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 5665 Hornaday Rd UNIT E, Greensboro, NC, 27409 generates $1,096/mo in rent and, after a $699/mo payment, leaves $76/mo in cash flow. Total monthly income is $1,096/mo, and annual cash flow is $906/yr on $47,371 invested. Return on cash invested sits at 21.82% in year one, and rental yield is 9.2% on a $142,900 entry. Equity gained on principal adds $922/yr, while 5% annual appreciation builds toward $39,481 over five years. Five-year ROI reaches 114.39% and total cumulative return in cash sums $54,189. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,096/mo property income rather than buyer’s personal income.
Condo
Built in 1985
N/A lot
$N/A/sqft
$150 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
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Listed by: Jack Bailey • HELP-U-SELL OF GREENSBORO
Mls Name: Triad MLS
Mls Provider:
Mls ID: #1142639
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