4004 Wooddale Ln · Greensboro, NC 27405

$144,900

3 bd · 1.0 ba · 1,025 sqft · SingleFamily public records · 54 Days on market

Built 1961 7,405 sqft lot Est $166k · 13% under

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +17.9/30.0
• ARV discount +13.2/15.0
• DSCR +5.6/10.0
• 1% rule +4.5/10.0
• Livability +4.0/5.0
• Schools +3.6/10.0
• Rent growth +3.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

If you've been looking for a great home and a great location, this is the one! Hardwoods throughout the house, spacious kitchen w/W&D hookups, great sized bedrooms are a few of the great things about this house! House has a fence to one side w/trees and shrubbery providing privacy, and a nice sized backyard! Be sure to come check this one out and call it your own!

Key facts

• Updated cabinets
• Large picture window
• Brick ranch home

Tags

• BRICK RANCH HOME
• UPDATED FLOORING
• UPDATED CABINETS
• STAINLESS STEEL REFRIGERATOR
• WINDOWED BREAKFAST AREA
• LARGE PICTURE WINDOW

Property features AI

Finance

• Other: Directions: Highway 70 to Huffine Mill Road to Wooddale Lane
• HOA & community: No association; Subdivision: Willow Oaks

Exterior

• Parking: Driveway parking; No garage
• Security: Deadbolt locks
• Utilities: Public water; Public sewer; Electric water heater; Publicly maintained road
• Home design: Residential stick/site-built house; One story; Built in 1961; Existing structure
• Construction: Brick construction
• Exterior features: City lot; Level/flat lot; No fencing; No pool

Interior

• Kitchen: Range
• Bedrooms: All bedrooms on the main level
• Flooring: Laminate flooring
• Bathrooms: 1 full bathroom
• Heating & cooling: Heat pump for heating and cooling; Electric heating fuel
• Interior features: Ceiling fans; Deadbolt locks; Attic access only; Primary bedroom on main level
• Laundry & utility: Electric water heater

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $145k.

Deal economics

• At list price, monthly cash flow is $122 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $137k (5.2% below list).
• Recommended offer: $137k (5.2% below list) — sets the bar for 1% rule.
• Cap rate 7.3% vs local median 3.7% in Greensboro — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 81/100 on livability (#12 in NC, #1,335 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, cost of living A+; Watch: employment D, crime F.
• Guilford County Schools (urban): math 39% / reading 45% proficiency, ranked #99 of 178 in NC (top 56%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Bessemer Elementary (math 21% / reading 17%, grade F, #1,269 of 1,410 statewide, top 91%, 465 students, 99% FRL); Otis L Hairston Sr Middle (math 13% / reading 22%, grade F, #445 of 475 statewide, top 94%, 631 students, 100% FRL); James B Dudley High (math 34% / reading 40%, grade F, #414 of 535 statewide, top 79%, 1,491 students, 100% FRL) — zoned schools average 100% FRL vs 52% district-wide (47 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 24% at this address vs 42% district-wide (-18 pts) — the specific schools serving this property underperform the Guilford County Schools average; the district grade overstates school quality for this exact location.
• Market conditions: Rents rising (+3.8%/yr); 386 active listings in the ZIP; 25 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 3,843 units permitted in Guilford County in 2024 (2,397 in 5+ unit buildings).
• This rent runs 35% of the median local income ($47k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Guilford County population projected at +26% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 54 days — a 3% lower offer ($141k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 4y ago; this cycle's ask has dropped $15k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $137,369 (5.2% below list)

Questions for the listing agent

1. It's been on market 54 days. Have you received any prior offers? Is the seller open to a 5% concession, seller financing, or rate buy-down credit?
2. Built in 1961 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.95% ✗
• Cap rate: 7.30%
• Cash-on-cash: 3.61%
• DSCR: 1.16
• GRM: 8.8

CMA / ARV

• ARV (on-the-fly): $166,050
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4004 Wooddale Ln	0.00mi	3/1.0	983 (-4%)	1mo	$138,000	$140	92
2619 Phillips Ave	0.22mi	2/1.0 (-1)	1,063 (+4%)	2mo	$90,000	$85	76
2914 Phillips Ave	0.30mi	3/2.0	1,025 (0%)	10mo	$153,000	$149	74
1302 Valley View St	0.15mi	3/1.0	924 (-10%)	7mo	$189,000	$205	70
1 Quad Oak Dr	0.55mi	3/1.5	1,024 (-0%)	4mo	$174,000	$170	69
1429 Old Hickory Dr	0.38mi	3/2.0	1,092 (+6%)	1mo	$225,000	$206	66
612 Willard St	0.53mi	3/1.0	1,084 (+6%)	2mo	$122,500	$113	64
809 Sykes Ave	0.39mi	3/1.0	1,126 (+10%)	7mo	$182,000	$162	59
2019 Phillips Ave	0.69mi	3/1.0	1,096 (+7%)	4mo	$160,000	$146	53
2128 Textile Dr	0.71mi	3/2.0	1,040 (+2%)	13mo	$188,800	$182	50
1209 Willard St	0.42mi	3/2.5	1,150 (+12%)	9mo	$229,900	$200	46
613 Willard St	0.54mi	3/2.0	1,159 (+13%)	14mo	$145,000	$125	38

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.83% rent growth · sell at horizon

5-year hold

• IRR: -9.7%
• Equity multiple: 0.64×
• Total profit: $-14,562
• Equity at exit: $21,605

10-year hold

• IRR: 0.7%
• Equity multiple: 1.05×
• Total profit: $2,134
• Equity at exit: $12,528

Cash invested: $40,572 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 85 Strongly Landlord-Friendly
• State North Carolina: 85 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

10-day notice; preempted; landlord-favorable but court speed varies.

Methodology + full state rankings →

ZIP-level market 27405

• Home prices YoY: -20.6%
• Rents YoY: 3.8%
• Active inventory: 386
• Price-to-rent: 8.8×

Monthly cashflow live

• Estimated rent: $1,374 high
• Mortgage (P&I): −$760
• Tax from tax record: −$143 /mo · $1,717/yr
• Insurance: −$60
• HOA: −$0
• Vacancy / Maint / Mgmt: −$288
• Net cashflow: $122

Break-even live

Break-even rent $1,219

Max offer price $144,900

Occupancy floor 86%

Sensitivity live

Price	-10% $204	-5% $163	+0% $122	+5% $81	+10% $40
Rent	-10% $13	-5% $68	+0% $122	+5% $176	+10% $230
Rate	-1.0pp $195	-0.5pp $159	base $122	+0.5pp $84	+1.0pp $46

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $36,225
• Closing costs: $4,347
• Reserves months: —
• Total cash needed: —

Rent comps 25 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
810 Elwell Ave Greensboro, NC	3.0	2.0	1280	$1,500	$1.17	16d	1	0.30mi
4214 Kildare Dr Greensboro, NC	3.0	1.5	1329	$1,450	$1.09	25d	1	0.31mi
4302 Belfield Dr Greensboro, NC	3.0	2.0	1300	$1,755	$1.35	25d	1	0.43mi
703 Sykes Ave Greensboro, NC	2.0	1.0	923	$1,295	$1.40	25d	1	0.48mi
209 Woodnell St Unit H Greensboro, NC	2.0	1.0	750	$975	$1.30	21d	1	0.48mi
210 Woodnell St Unit G Greensboro, NC	2.0	1.0	750	$975	$1.30	25d	1	0.53mi
4216 Parker St Unit C Greensboro, NC	2.0	1.0	800	$825	$1.03	23d	1	0.55mi
129 Aunt Mary Ave Unit A Greensboro, NC	2.0	1.0	800	$950	$1.19	25d	1	0.58mi
8 Kings Forest Ct Greensboro, NC	3.0	2.0	1120	$1,650	$1.47	25d	1	0.61mi
610 Holt Ave Greensboro, NC	2.0	1.0	1092	$1,300	$1.19	16d	1	0.66mi
1608 McPherson St Greensboro, NC	3.0	2.0	1100	$1,450	$1.32	25d	1	0.78mi
2509 Pinnix St Unit B Greensboro, NC	3.0	2.0	860	$995	$1.16	25d	1	0.79mi
1622 Mcpherson St Unit 1912 Greensboro, NC	2.0	1.0	860	$850	$0.99	25d	1	0.82mi
306 Murraylane Rd Greensboro, NC	3.0	2.0	1330	$1,815	$1.36	16d	1	0.82mi
309 Holt Ave Greensboro, NC	2.0	1.0	1000	$1,175	$1.18	25d	1	0.86mi
311 Guerrant St Greensboro, NC	3.0	1.0	1025	$1,295	$1.26	25d	1	0.89mi
3817 Central Ave Greensboro, NC	4.0	2.0	1200	$1,740	$1.45	16d	1	1.01mi
3900 Hahns Ln Greensboro, NC	2.0	1.0	880	$955	$1.09	16d	8	1.03mi
1504 Autumn Dr Unit A Greensboro, NC	2.0	1.0	820	$895	$1.09	25d	1	1.03mi
1603 Autumn Dr Apt A Greensboro, NC	2.0	1.0	820	$925	$1.13	16d	1	1.08mi
1508 Tucker St Greensboro, NC	2.0	2.0	875	$1,195	$1.37	25d	1	1.17mi
4020 Mountainridge Dr Greensboro, NC	4.0	2.5	1500	$1,825	$1.22	25d	1	1.23mi
4014 Mountainridge Dr Greensboro, NC	4.0	2.5	1445	$1,795	$1.24	21d	1	1.23mi
1604 Textile Dr Greensboro, NC	2.0	1.0	930	$1,245	$1.34	25d	1	1.24mi
1703 10th St Unit A Greensboro, NC	3.0	1.0	864	$1,075	$1.24	25d	1	1.31mi

Listing history 12 events

1. 2026-05-22
   status Pending
2. 2026-05-12
   historical Due Diligence Period
3. 2026-05-05
   price $144,900
4. 2026-04-14
   price $154,900
5. 2026-03-28
   listed $159,900 Active
6. 2022-07-29
   soldstatus $130,750 Closed 370-char remark

   Show marketing remark (370 chars)

   If you've been looking for a great home and a great location, this is the one! Hardwoods throughout the house, spacious kitchen w/W&D hookups, great sized bedrooms are a few of the great things about this house! House has a fence to one side w/trees and shrubbery providing privacy, and a nice sized backyard! Be sure to come check this one out and call it your own!

7. 2022-07-29
   soldstatus $131,000

   Show marketing remark (370 chars)

   If you've been looking for a great home and a great location, this is the one! Hardwoods throughout the house, spacious kitchen w/W&D hookups, great sized bedrooms are a few of the great things about this house! House has a fence to one side w/trees and shrubbery providing privacy, and a nice sized backyard! Be sure to come check this one out and call it your own!

8. 2022-07-15
   status Pending 370-char remark

   Show marketing remark (370 chars)

   If you've been looking for a great home and a great location, this is the one! Hardwoods throughout the house, spacious kitchen w/W&D hookups, great sized bedrooms are a few of the great things about this house! House has a fence to one side w/trees and shrubbery providing privacy, and a nice sized backyard! Be sure to come check this one out and call it your own!

9. 2022-07-06
   historical Due Diligence Period 370-char remark

   Show marketing remark (370 chars)

   If you've been looking for a great home and a great location, this is the one! Hardwoods throughout the house, spacious kitchen w/W&D hookups, great sized bedrooms are a few of the great things about this house! House has a fence to one side w/trees and shrubbery providing privacy, and a nice sized backyard! Be sure to come check this one out and call it your own!

10. 2022-06-17
    listed $125,000 Active 370-char remark

    Show marketing remark (370 chars)

    If you've been looking for a great home and a great location, this is the one! Hardwoods throughout the house, spacious kitchen w/W&D hookups, great sized bedrooms are a few of the great things about this house! House has a fence to one side w/trees and shrubbery providing privacy, and a nice sized backyard! Be sure to come check this one out and call it your own!

11. 2022-05-27
    soldstatus $150,000
12. 2003-04-17
    soldstatus $63,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast NC · Resets to sale price

• Current annual tax: $1,717 · $143/mo
• Projected year-2 tax: $1,717 · $143/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥103°F today · 18 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 15% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,484
• − Mortgage interest: −$8,117
• − Property taxes: −$1,717
• − Insurance: −$724
• − Repairs & maintenance: −$1,319
• − Management: −$1,319
• − Depreciation: −$4,215
• Taxable loss: −$926
• Est. tax savings @ 24.0%: +$222
• After-tax cash flow: $1,685/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Guilford County Schools
• NCES district ID: 3701920
• Math proficiency: 39% ▲ 1.00%
• Reading proficiency: 45% ▲ 1.00%
• Median HH income: $46,315
• Composite: 35.78/100
• National rank: #4842
• State rank: #99 of 178 in NC

Livability — Greensboro

• Score: 81/100
• State rank: #12
• US rank: #1335

Category grades

Amenities A+ Commute A+ Cost of living A+ Crime F Employment D Housing A+ Health & safety A+ User ratings B+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Greensboro, NC
• County: Guilford County · 487,190 people
• City population: 329,421
• Metro: Greensboro-High Point, NC
• Population (ZIP): 54,303
• Household income: $47,431
• Rent vs Own: 51.5% rent · 48.5% own
• Severe rent burden: 2517.0

Population outlook (Guilford County) Hauer SSP2

• Today (2025): 584,596 people
• By 2030: 616,851 · +5.5%
• By 2040: 678,451 · +16.1%
• By 2050: 734,788 · +25.7%
• By 2075: 862,985 · +47.6%
• By 2100: 948,704 · +62.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.62)
• Race & ethnicity: Black 57% White 20% Hispanic / Latino 14% Two or more races 7% Asian 4%
• Hispanic origin (detail): Mexican 9% Puerto Rican 2%
• Common ancestry: Romanian 1% Ukrainian 1% Italian 1%
• Foreign-born: 15% · Canada, Vietnam, China
• Languages at home: 79% English-only · Spanish 11% Other Asian/Pacific 2% Other Indo-European 1%

Political lean MEDSL · Guilford

• 2024 margin: Strong D (+21.8) · D 60.2% · R 38.4% · Other 1.4%
• 2008→2024 swing: +3.5pp toward D · 2008: 18.4pp · 2024: 21.8pp
• All cycles: 2024: D+21.8 2020: D+23.1 2016: D+20.0 2012: D+16.5 2008: D+18.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -63.02%
• Current HPI: 243.1261
• Rent YoY: ▲ 3.83%
• Metro: Greensboro-High Point, NC
• State GDP YoY: ▲ 3.28%
• F500 in state: 26

Industry mix (Fortune 500 HQ in NC)

Industry	F500 HQs	Revenue
▸Financial Services	2	$213B
▸Retail	2	$95B
▸Industrial Conglomerate	1	$38B
▸Metals / Steel	1	$35B
▸Utilities	1	$30B
▸Industrial Machinery	1	$19B

Price history

+130.0% since first listed

12 events — show timeline

• 2026-05-22 Pending — Triad MLS
• 2026-05-12 Contingent — Triad MLS
• 2026-05-05 Price Changed $144,900 Triad MLS
• 2026-04-14 Price Changed $154,900 Triad MLS
• 2026-03-28 Listed $159,900 Triad MLS
• 2022-07-29 Sold (Public Records) $131,000 Public Records
• 2022-07-29 Sold (MLS) $130,750 Triad MLS
• 2022-07-15 Pending — Triad MLS
• 2022-07-06 Contingent — Triad MLS
• 2022-06-17 Listed $125,000 Triad MLS
• 2022-05-27 Sold (Public Records) $150,000 Public Records
• 2003-04-17 Sold (Public Records) $63,000 Public Records

Property tax history

+8.4%/yr

Latest (2025): $1,717 · -1.0% YoY. Source: county tax records.