815 Milton StGreensboroNC27403
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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 815 Milton St, Greensboro, NC, 27403 generates $2,348/mo in rent, after a $2,017/mo payment. Total monthly income is $2,348/mo. Return on cash invested sits at 18.47% in year one, and rental yield is 6.84% on a $412,000 entry. Equity gained on principal adds $2,659/yr, while 5% annual appreciation builds toward $113,828 over five years. Five-year ROI reaches 95.02% and total cumulative return in cash sums $129,771. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,348/mo property income rather than buyer’s personal income.
Single Family
Built in 1905
0.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27403, Greensboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,501 (100%) |
| Owner Occupied HU | 4,011 (42.2%) |
| Renter Occupied HU | 4,665 (49.1%) |
| Vacant Housing Units | 825 ( 8.7%) |
| Median Home Value | $318,407 |
| Average Home Value | $354,836 |
Housing Distribution
Address Breakdown
Residential
8,990
Single Family
7,832
Multi-Family
1,158
Businesses
657
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Listed by: Julianna Hall • Exp Realty LLC
Mls Name: Triad MLS
Mls ID: #1196257