711 Park AveGreensboroNC27405
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 711 Park Ave, Greensboro, NC, 27405 in Greensboro. Priced at $318,900, it generates $2,966/mo in gross rent and $938/mo in net monthly cash flow, a 11.16% yield that comfortably supports the 2.07 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $11,254. Five-year appreciation: $88,106. Equity from principal paydown: $2,937/yr. Total projected cumulative return: $181,518.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.2% | 6.8% |
| Monthly Cash Flow | $938 | $450 |
City averages based on Greensboro market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,966 |
| Total Monthly Debt Service | $1,902 |
| DSCR Ratio | 1.56x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1931
0.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27405, Greensboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,151 (100%) |
| Owner Occupied HU | 10,849 (46.9%) |
| Renter Occupied HU | 10,647 (46.0%) |
| Vacant Housing Units | 1,655 ( 7.1%) |
| Median Home Value | $206,304 |
| Average Home Value | $251,583 |
Housing Distribution
Address Breakdown
Residential
21,840
Single Family
17,966
Multi-Family
3,874
Businesses
1,560
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
Single Family
Built in 1931
0.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27405, Greensboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,151 (100%) |
| Owner Occupied HU | 10,849 (46.9%) |
| Renter Occupied HU | 10,647 (46.0%) |
| Vacant Housing Units | 1,655 ( 7.1%) |
| Median Home Value | $206,304 |
| Average Home Value | $251,583 |
Housing Distribution
Address Breakdown
Residential
21,840
Single Family
17,966
Multi-Family
3,874
Businesses
1,560
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices