6308 New Bailey TrlGreensboroNC27455
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 6308 New Bailey Trl, Greensboro, NC, 27455 generates $4,306/mo in rent and, after a $2,936/mo payment, leaves $650/mo in cash flow. Total monthly income is $4,306/mo, and annual cash flow is $7,801/yr on $197,367 invested. Return on cash invested sits at 24.01% in year one, and rental yield is 8.61% on a $599,900 entry. Equity gained on principal adds $3,871/yr, while 5% annual appreciation builds toward $165,741 over five years. Five-year ROI reaches 124.71% and total cumulative return in cash sums $246,136. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,306/mo property income rather than buyer’s personal income.
Single Family
Built in 2015
0.31 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karen Bolyard • Karen Bolyard Real Estate Group Brokered by eXp Realty
Mls Name: Triad MLS
Mls ID: #1187571