920 Highland AveGreensboroNC27403
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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 920 Highland Ave, Greensboro, NC, 27403 generates $2,520/mo in rent, after a $6,803/mo payment. Total monthly income is $2,520/mo. Return on cash invested sits at 4.51% in year one, and rental yield is 2.18% on a $1,390,000 entry. Equity gained on principal adds $8,969/yr, while 5% annual appreciation builds toward $384,031 over five years. Five-year ROI reaches 20.05% and total cumulative return in cash sums $90,300. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,520/mo property income rather than buyer’s personal income.
Multi Family
Built in 1991
0.84 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: Thomas Furlow • Deaton Investment Real Estate
Mls Name: Doorify MLS
Mls ID: #10135461