6107 Cadence Dr #6OWIA6GreensboroNC27455
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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
Investment property for sale in Greensboro at 6107 Cadence Dr #6OWIA6, Greensboro, NC, 27455 uses $165,388 cash to close to unlock $6,729/yr annual cash flow and $561/mo monthly cash flow. Total monthly income runs $3,624/mo, and a $2,460/mo payment keeps the spread at $561/mo. Purchase price stands at $502,700, and rental yield measures 8.65% with $3,624/mo rent. Return on cash invested shows 24.13% in year one, and 5% annual appreciation builds toward $138,887 over five years. Five-year ROI reaches 125.31% and total cumulative return in cash records $207,255. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,624/mo property income covering a $2,460/mo payment rather than investor’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27455, Greensboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,333 (100%) |
| Owner Occupied HU | 9,413 (65.7%) |
| Renter Occupied HU | 4,353 (30.4%) |
| Vacant Housing Units | 567 ( 4.0%) |
| Median Home Value | $397,806 |
| Average Home Value | $426,455 |
Housing Distribution
Address Breakdown
Residential
13,970
Single Family
10,926
Multi-Family
3,044
Businesses
303
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Listed by: N/A • N/A
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