801 Gretchen LnGreensboroNC27410
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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 801 Gretchen Ln, Greensboro, NC, 27410 priced at $419,000 pairs $3,026/mo rent with $472/mo cash flow after a $2,051/mo payment. Total monthly income equals $3,026/mo, and annual cash flow comes to $5,666/yr on $138,899 invested. Return on cash invested is 23.99% in year one, and rental yield stands at 8.67% on a $419,000 basis. Equity gained on principal adds $2,704/yr, and 5% annual appreciation accumulates to $115,762 by year five. Five-year ROI measures 124.62% and total cumulative return in cash reaches $173,093. For financing, Ziffy Mortgage’s DSCR program evaluates $3,026/mo property income against a $2,051/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1977
0.34 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
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Listed by: Phil Black • United Realty Group Inc
Mls Name: Triad MLS
Mls ID: #1199153