5809 Carriage LnGreensboroNC27410
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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 5809 Carriage Ln, Greensboro, NC, 27410 generates $3,025/mo in rent and, after a $1,860/mo payment, leaves $709/mo in cash flow. Total monthly income is $3,025/mo, and annual cash flow is $8,508/yr on $125,970 invested. Return on cash invested sits at 26.66% in year one, and rental yield is 9.55% on a $380,000 entry. Equity gained on principal adds $2,452/yr, while 5% annual appreciation builds toward $104,987 over five years. Five-year ROI reaches 138.92% and total cumulative return in cash sums $174,997. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,025/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27410, Greensboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,093 (100%) |
| Owner Occupied HU | 15,427 (56.9%) |
| Renter Occupied HU | 10,002 (36.9%) |
| Vacant Housing Units | 1,664 ( 6.1%) |
| Median Home Value | $350,535 |
| Average Home Value | $394,957 |
Housing Distribution
Address Breakdown
Residential
27,045
Single Family
17,953
Multi-Family
9,092
Businesses
1,203
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Listed by: Maggie Bohannon • Lime Rock Realty LLC
Mls Name: Triad MLS
Mls ID: #1199612