ZIP CODE 27406 // GREENSBORO-HIGH POINT, NC // DATA AS OF 2026-09-30
Greensboro, NC (27406) Rental Property Cap Rate & Cash Flow Report
Located in Guilford County (Greensboro, NC), Zip Code 27406 ranks #64 of 500 within this selected sample (87th percentile) with a Zillow ZHVI typical home-value index of $224,507 (+0.7% YoY) and a ZORI observed market rent of $1,293/mo (+2.1% YoY). Requires at least 36.6% down payment at 6.5% interest to reach $0/mo break-even cash flow. This model combines different housing populations; it is not an observed average property return. Costs assume state-average tax, 0.5% annual insurance, 13% reserves and no HOA or management. Figures below follow your edits; this headline describes the original benchmark.
Net Monthly Cash Flow
-$235/mo
Annual: -$2,819/yr
Modeled Cap Rate
4.81%
NOI: $10,804/yr
Cash-on-Cash Return
-5.46%
Cash Needed: $51,637
1% Rule Ratio
0.58%
Gross Yield: 6.91%
Break-Even Rent
$1,563/mo
State Tax: 0.70%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 27406 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (NC Avg 0.70%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$1,135/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$393/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (27406)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2021 | $183,730 | $967/mo | 6.32% |
| 2022 | $209,631 | $1,101/mo | 6.30% |
| 2023 | $219,584 | $1,156/mo | 6.32% |
| 2024 | $229,510 | $1,211/mo | 6.33% |
| 2025 | $222,904 | $1,266/mo | 6.82% |
| 2026 | $224,507 | $1,293/mo | 6.91% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 28215 Charlotte, NC | $344,020 | $2,051/mo | 5.02% | -$299/mo |
| 28025 Concord, NC | $339,208 | $1,835/mo | 4.45% | -$458/mo |
| 27610 Raleigh, NC | $309,065 | $1,890/mo | 5.18% | -$228/mo |
| 28269 Charlotte, NC | $351,379 | $1,835/mo | 4.25% | -$532/mo |
| 27703 Durham, NC | $376,573 | $1,805/mo | 3.80% | -$710/mo |
| 27616 Raleigh, NC | $348,330 | $1,658/mo | 3.77% | -$667/mo |