611 Catalina DrGreensboroNC27403
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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 611 Catalina Dr, Greensboro, NC, 27403 with 5% annual appreciation on a $379,500 basis while $2,437/mo rent supports operations. Total monthly income totals $2,437/mo and a $1,857/mo payment preserves $125/mo for cash returns. Annual cash flow comes to $1,495/yr on $125,804 deployed, and return on cash invested reaches 21.1% in year one. Equity gained on principal adds $2,449/yr, and five-year appreciation sums $104,849 alongside rental yield of 7.71%. Five-year ROI measures 109.1% and total cumulative return in cash totals $137,256.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,437/mo property income versus a $1,857/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1956
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27403, Greensboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,501 (100%) |
| Owner Occupied HU | 4,011 (42.2%) |
| Renter Occupied HU | 4,665 (49.1%) |
| Vacant Housing Units | 825 ( 8.7%) |
| Median Home Value | $318,407 |
| Average Home Value | $354,836 |
Housing Distribution
Address Breakdown
Residential
8,990
Single Family
7,832
Multi-Family
1,158
Businesses
657
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Listed by: Angela Trauschke • Wilkinson Triad Realty
Mls Name: Triad MLS
Mls ID: #1195452