703 Redbud DrGreensboroNC27410
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 703 Redbud Dr, Greensboro, NC, 27410 offers $3,522/mo rent that, after a $3,221/mo payment. Total monthly income is $3,522/mo. Return on cash invested measures 17.35% in year one, and rental yield stands at 6.42% at a $658,000 entry. Equity gained on principal adds $4,246/yr while 5% annual appreciation compounds into $181,793 by year five. Five-year ROI records 88.98% and total cumulative return in cash reaches $192,629. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,522/mo property income versus a $3,221/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27410, Greensboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,093 (100%) |
| Owner Occupied HU | 15,427 (56.9%) |
| Renter Occupied HU | 10,002 (36.9%) |
| Vacant Housing Units | 1,664 ( 6.1%) |
| Median Home Value | $350,535 |
| Average Home Value | $394,957 |
Housing Distribution
Address Breakdown
Residential
27,045
Single Family
17,953
Multi-Family
9,092
Businesses
1,203
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chidi Akwari • Akwari & Company, LLC
Mls Name: Triad MLS
Mls ID: #1195296