608 Grasswren WayGreensboroNC27409
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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 608 Grasswren Way, Greensboro, NC, 27409 priced at $209,900 pairs $1,972/mo rent with $693/mo cash flow after a $1,027/mo payment. Total monthly income equals $1,972/mo, and annual cash flow comes to $8,317/yr on $69,582 invested. Return on cash invested is 31.86% in year one, and rental yield stands at 11.27% on a $209,900 basis. Equity gained on principal adds $1,354/yr, and 5% annual appreciation accumulates to $57,992 by year five. Five-year ROI measures 166.87% and total cumulative return in cash reaches $116,108. For financing, Ziffy Mortgage’s DSCR program evaluates $1,972/mo property income against a $1,027/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2008
0.02 Acres 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: Stephanie Snyder • RE/MAX Realty Consultants
Mls Name: Triad MLS
Mls ID: #1201332