705 Woodland DrGreensboroNC27408
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 705 Woodland Dr, Greensboro, NC, 27408 offers $4,436/mo rent that, after a $8,932/mo payment. Total monthly income is $4,436/mo. Return on cash invested measures 6.8% in year one, and rental yield stands at 2.92% at a $1,825,000 entry. Equity gained on principal adds $11,776/yr while 5% annual appreciation compounds into $504,214 by year five. Five-year ROI records 32.32% and total cumulative return in cash reaches $191,100. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,436/mo property income versus a $8,932/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1935
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27408, Greensboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,597 (100%) |
| Owner Occupied HU | 5,747 (66.8%) |
| Renter Occupied HU | 2,394 (27.8%) |
| Vacant Housing Units | 456 ( 5.3%) |
| Median Home Value | $389,525 |
| Average Home Value | $484,426 |
Housing Distribution
Address Breakdown
Residential
8,548
Single Family
7,576
Multi-Family
972
Businesses
1,342
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Listed by: F Dean Little • Berkshire Hathaway HomeServices Yost & Little Realty
Mls Name: Triad MLS
Mls ID: #1205263