807 Plummer DrGreensboroNC27410
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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 807 Plummer Dr, Greensboro, NC, 27410 priced at $337,500 converts $2,298/mo rent into $241/mo cash flow after a $1,652/mo obligation. Total monthly income equals $2,298/mo, and annual cash flow totals $2,892/yr on $111,881 invested. Return on cash invested prints 22.49% in year one, and rental yield reads 8.17% against a $337,500 entry. Equity gained on principal adds $2,178/yr, while 5% annual appreciation compiles into $93,245 by year five. Five-year ROI reaches 116.57% and total cumulative return in cash sums $130,417. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,298/mo property income covering a $1,652/mo payment, not borrower’s personal income.
Single Family
Built in 1960
0.33 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: Burton Kennedy • Keller Williams One
Mls Name: Triad MLS
Mls ID: #1205691