7104 W Friendly Ave UNIT 311GreensboroNC27410
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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 7104 W Friendly Ave UNIT 311, Greensboro, NC, 27410 earns $308/mo cash flow from $1,496/mo rent with a $763/mo payment. Total monthly income totals $1,496/mo, and annual cash flow totals $3,695/yr on $51,681 capital. ROI tracks 27.06% on current figures, and rental yield reads 11.52% at a $155,900 purchase. Equity gained on principal adds $1,006/yr, and 5% annual appreciation supports $43,072 over five years. Five-year ROI reaches 143.07% and total cumulative return in cash sums $73,942. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,496/mo property income instead of your personal income.
Condo
Built in 2007
N/A lot
$N/A/sqft
$238 monthly 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
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Listed by: Ramilya Siegel • KELLER WILLIAMS REALTY
Mls Name: Triad MLS
Mls Provider:
Mls ID: #1170567
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