615 Old Heritage TrlGreensboroNC27401
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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 615 Old Heritage Trl, Greensboro, NC, 27401 offers a 10.53% rental yield on a $249,900 purchase with $2,192/mo rent. Total monthly income registers $2,192/mo, and a $1,223/mo payment leaves $669/mo available for distribution. Annual cash flow reaches $8,029/yr on $82,842 to close, and return on cash invested stands at 29.6% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,043 over five years. Portfolio math shows five-year ROI at 154.74% and total cumulative return in cash at $128,186. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,192/mo property income against a $1,223/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
0.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27401, Greensboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,034 (100%) |
| Owner Occupied HU | 3,003 (29.9%) |
| Renter Occupied HU | 5,568 (55.5%) |
| Vacant Housing Units | 1,463 (14.6%) |
| Median Home Value | $221,587 |
| Average Home Value | $285,027 |
Housing Distribution
Address Breakdown
Residential
9,044
Single Family
6,962
Multi-Family
2,082
Businesses
1,476
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Listed by: Jamie Harrelson • Berkshire Hathaway Home services
Mls Name: Triad MLS
Mls ID: #1204227