703 Law StGreensboroNC27401
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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 703 Law St, Greensboro, NC, 27401 offers $1,800/mo rent that, after a $710/mo payment, leaves $916/mo cash flow. Total monthly income is $1,800/mo, and annual cash flow is $10,992/yr on $48,067 cash. Return on cash invested measures 42.78% in year one, and rental yield stands at 14.9% at a $144,999 entry. Equity gained on principal adds $936/yr while 5% annual appreciation compounds into $40,061 by year five. Five-year ROI records 225.35% and total cumulative return in cash reaches $108,320. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,800/mo property income versus a $710/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1936
0.16 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: David Ondrich • North Star Properties
Mls Name: Triad MLS
Mls ID: #1200901